A new, national restoration company, FLEET Response, will be focused on the residential and light-commercial segments of the restoration industry. FLEET Response currently represents the combination of Dayspring Restoration, Alpha-Omega Disaster Restoration, and Burke’s Restoration, with plans for more companies to join in the coming months.
S&P Global Ratings today took the rating actions listed below. The downgrade reflects the increased leverage, to about 4.5x over the next 12 months from about 2.7x, and S&P Global Ratings' expectation that aggressive financial policy decisions from the new ownership could increase leverage further.
As a woman who owns and operates a full-service restoration business, I'm glad to see that old perceptions are beginning to change. Every woman in our industry can share that same sense of satisfaction. We know we're making a difference as both leaders and women in our field.
Whether you are operating with a fleet of two thousand vehicles or just two vans and a flatbed truck, maintaining a fleet is a difficult but rewarding job involving micromanaging, constant vigilance, and maintenance.