The deal marks an investment with the award-winning property restoration company and its sister brand, a growing plumbing franchise, at a time when essential businesses continue to grow in the recession-resistant sectors they serve. Terms of the deal were not disclosed.
This 50-person company has established a reputation in the St. Louis and Kansas City markets since 1981 for its high level of customer service and a highly skilled team of restoration experts, making CATCO a perfect match for Interstate.
The Restoration Builders network of companies will include a global infrastructure of offices, teams, equipment, trucks and other resources operating together to capitalize on the explosive growth of the $210B+ insurance restoration industry.
Next Gear is now positioned to bring all water mitigation applications required by four of the five top carriers together, streamlining processes for contractors nationwide.
Interstate Restoration continued its steady growth in the North American market with the acquisition of ASR Property Restoration, the largest restoration company in California’s Ventura County.
