American Restoration Is Acquired by MSCP

Technology & Services

American Restoration, a portfolio company of Soundcore, sale to MSCP


Summary

American Restoration Operations, LLC (“American Restoration” or the “Company”), a portfolio company of Soundcore Capital Partners, LP (“Soundcore”), recently announced its sale to Morgan Stanley Capital Partners ("MSCP”). Terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to American Restoration on this transaction.

About

American Restoration is a top 10 national, pure-play provider of restoration services for both residential and commercial clients across a multi-regional footprint. The Company provides mission-critical property damage restoration services for everyday property damage events, responding after a loss occurs. American Restoration is a well-established market leader with deep industry expertise, leveraging best-in-class technology to provide rapid and essential disaster recovery services to its customers. American Restoration was incorporated in 2019 and is headquartered in Irving, Texas.

Soundcore was founded in 2015 by Jarrett Turner and is a thesis-driven private equity firm that specializes in buy-and-build investments in the lower middle-market that are headquartered in the United States and Canada. Soundcore has completed 90 acquisitions across eleven platforms and focuses primarily on business & outsourced services, industrial services, specialty manufacturing and value-added distribution sectors. Soundcore is headquartered in New York, New York.

MSCP, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform established in 1986 that primarily invests alongside founders and seeks to partner with management teams to build best-in-class companies within business, consumer, industrial and healthcare services. MSCP seeks to create value in portfolio companies through a transformational organic and acquisition-related growth strategy by leveraging its deep internal operational capabilities and value creation playbook. MSCP is headquartered in New York, New York.
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Technology & Services

American Restoration, a portfolio company of Soundcore, sale to MSCP

Date
July 2024
Company
American Restoration Operations, LLC
Transaction
M&A - Sellside
Sectors
Technology & Services
Verticals
Facility, Industrial, Residential & Environmental Services
Target Geography
North America
Acquiror Geography
North America

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