Announced
Completed
Financials
Tags
Completed
Domestic
restoration services
Construction Services
Private Equity
Private
United States
Majority
Friendly
Single Bidder
Acquisition
Synopsis
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.
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