Sign In  |  Register  |  About Walnut Creek Guide  |  Contact Us

Walnut Creek, CA
September 01, 2020 1:43pm
7-Day Forecast | Traffic
  • Search Hotels in Walnut Creek Guide

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Morgan Stanley Capital Partners Completes Acquisition of American Restoration

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, has acquired American Restoration, which provides residential and commercial property mitigation and restoration services. MSCP is partnering with the current management team led by CEO Dan Tarantin, who will continue to lead the business.

Headquartered in Dallas, American Restoration operates across 10 states through eight regional brands. The company provides emergency and loss-related mitigation services as well as complementary follow-on repair and rebuild services to both residential and commercial customers. American Restoration has grown into a leading platform in the industry through a combination of strong organic growth, strategic M&A, and a focus on customers in their time of need.

Adam Shaw, Managing Director and Head of Business Services at MSCP, said: “We are excited to partner with Dan and the American Restoration team as they continue building a best-in-class platform across the residential and commercial restoration space. American Restoration represents our continued effort to invest in high-quality residential and commercial services companies, a sector in which we have deep institutional knowledge and expertise building industry-leading platforms. We look forward to working together to continue accelerating the company’s exciting growth trajectory.”

The acquisition of American Restoration represents MSCP’s fifth residential and commercial services investment following partnerships with Sila Heating & Air Conditioning, Fairway Lawns, Allstar Services and RowCal.

“We could not be more excited to partner with MSCP for the next chapter of our growth and evolution,” said Dan Tarantin, CEO of American Restoration. “We look forward to leveraging MSCP’s expertise operating across the residential and commercial services space, as well as their demonstrated ability to help & support teams to accelerate organic growth and execute strategic acquisitions.”

Debevoise & Plimpton served as legal counsel to MSCP. Harris Williams and Stephens Inc. served as MSCP’s financial advisors. Robert W. Baird & Co served as financial advisor to American Restoration.

About Morgan Stanley Capital Partners

Morgan Stanley Capital Partners, 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. Morgan Stanley Capital Partners 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. For further information about Morgan Stanley Capital Partners, please visit www.morganstanley.com/im/capitalpartners.

Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has approximately $1.5 trillion in assets under management or supervision as of March 31, 2024. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.

About American Restoration

American Restoration is an industry-leading platform offering emergency mitigation and restoration services across both residential and commercial properties. American Restoration services 10 states through a family of 8 market-leading brands built on a foundation of technical expertise, caring customer service, and a commitment to the communities they serve. For more information, please visit the Company’s website https://www.amrestoration.com/.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 WalnutCreekGuide.com & California Media Partners, LLC. All rights reserved.