Announced
Financials
Tags
Majority
United States
Private
Private Equity
Maintenance Repair and Overhaul (MRO)
Acquisition
Merger
Pending
building restoration
Friendly
Domestic
Single Bidder
Synopsis
Aquiline Capital Partners-backed CodeBlue, a restoration claims management company, agreed to merge with MADSKY, a building restoration services provider. Financial terms were not disclosed. "Both CodeBlue and MADSKY utilize technology-enabled claims delivery models that benefit insureds, insurance carriers and contractors. We are excited to back Hunter, Paul and the combined leadership team as they further their market leadership in water mitigation and roofing while also entering compelling new areas where we will provide expertise and capital to support their growth," Jeff Greenberg, Aquiline Capital Partners Chairman and CEO.
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