Consolidation trend Aug 2020 · USA
Resolute CEO frames acquisition as consolidating a fragmented restoration market
Resolute's CEO described the disaster restoration services industry as fragmented and rapidly evolving, positioning the DriExpress/Empire asset acquisition as a move to consolidate and expand within it.
“we have expanded our rental division to include Mobile DRI – Disaster Resource Solutions, while increasing our geographic coverage and specific expertise in a fragmented and rapidly evolving restoration services industry.”
Entities
Resolute Industrial Holdings LLC · Acquirer
HVACOther
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.