.
MergerLinks Header Logo

New Deal


Announced

Completed

Summit Partners completed the majority investment in Insurcomm.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Domestic

restoration services

Construction Services

Private Equity

Private

United States

Majority

Friendly

Single Bidder

Acquisition

Synopsis

Edit

Summit Partners, a global alternative investment firm, completed the majority investment in Insurcomm, a provider of commercial and residential restoration services. Financial terms were not disclosed. “When disaster strikes, our mission is to serve our clients with a deep sense of professionalism and dignity, ensuring timely and end-to-end solutions. Partnering with Summit will help Insurcomm enter a new and expanded era of growth, allowing us to scale our impact and drive value for property owners and insurers. Together, we aim to set new standards in the restoration market, with a focus on partnering with like-minded operators who share our mission, and further cementing Insurcomm’s position as an industry leader,” Doug Indelicato, Insurcomm CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US