This announcement comes as FRSTeam has recently merged with the Content Specialists, ultimately expanding the brand and franchise system's service offerings.
The acquisition of the United Kingdom-based independent home service company grows Neighborly’s portfolio to 29 total brands operating across nine countries.
"While the implications of this acquisition on restoration contractors is not yet fully known, RIA members and constituents have concerns about how their data is being used and how it will impact the future of their business," the statement reads.
“Another interesting and pivotal day in the restoration industry,” Springer said. “We've had so many of our members reach out to us today to ask: What is the impact and what is all about this major acquisition that we've heard about in CoreLogic acquiring Next Gear?"
The deal, called "a very major event" by RIA President Mark Springer, combines Next Gear and CoreLogic’s Claims Connect platforms, property data and analytics, and tools for restoration contractors and insurance carriers.
By acquiring IRS, First Onsite expands its service platform in environmental and HVAC work and welcomes valuable commercial customer relationships in the institutional sector including schools, universities, hospitals, and municipalities.
Evans is a franchisor for restoring textiles and electronics that have been exposed to fire, water and mold. Judi’s Cleaners is a retail dry cleaner based in Sacramento.