From the Wires
Interstate Announces Acquisition of InStar's National Operations Platform and Sales Team
Good News for Businesses Impacted by a Disaster
By: PR Newswire
Dec. 17, 2012 07:20 PM
FORT WORTH, Texas, Dec. 17, 2012 /PRNewswire/ -- Interstate Restoration LLC, a full service emergency restoration and reconstruction firm helping businesses recover after a disaster, announced today the acquisition of InStar's national operations platform and sales team. InStar is a leading provider of emergency restoration services.
"Interstate's total commitment to delivering the highest customer experience while expediting business recovery after a disaster makes the InStar acquisition a natural fit," said Stacy Mazur, CEO, Interstate. "The acquisition allows us to offer unparalleled service by combining two world-class operating platforms and expanding our national presence in the East Coast, especially in the NY and MA region."
Service in the disaster restoration and recovery industry is highly fragmented, with an estimated 16,000 restoration companies throughout the U.S according to Profile America's IndustryIQ reports. The industry includes a limited number of national companies who can provide both restoration and reconstruction services with the ability to handle area wide events like Hurricane Sandy. The combination of InStar and Interstate provides customers state-of-the-art resources and expertise for any type of disaster across the nation.
"Our vision for InStar has always been to provide great service and become a partner to our customers who need to return to business quickly," said Tom Denomme, CEO, InStar. "Resources and scalability are instrumental to our customers' success. We are excited to combine our resources with Interstate and continue offering customers' a reputable place for all of their disaster restoration needs."
Founded in 1998, Interstate Restoration LLC is an emergency restoration and general contractor specializing in repairing commercial property nationwide. We help businesses recover quickly from fire, flood, natural and man-made disasters. This means companies and people can focus on the important stuff - like getting back to business and back to life.
InStar is a leading national provider of disaster response, restoration, and reconstruction services. Providing rapid response to fires, floods, waterline breaks, and other manmade or natural disasters, InStar helps to return damaged property to its pre-loss condition as quickly as possible while minimizing loss of business. With branches across the country and nearly 250 employees, InStar provides services to a broad range of client verticals, including retail, hospitality, banking, healthcare, insurance companies, commercial real estate, and multi-family property owners and managers.
SOURCE Interstate Restoration LLC
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