Sun Acquisitions is pleased to announce the successful acquisition of a full-service disaster restoration company, Disaster Solution, Inc., located in the Southern Chicago suburbs.
Disaster Solution offers a full-service solution to both residential and commercial customers that experience water damage, fire damage, or damage from any other disaster. The services include: mitigation, full reconstruction, board ups, contents packing, and cleaning and storage services. They primarily work directly with insurance carrier networks to provide these solutions. The business was built to be run by the employees, not the owners. They operate out of a 9,600 sq. ft. building, that was also purchased by the new ownership.
There are major growth opportunities for the new ownership to continue to grow the business. These opportunities include: develop and implement a marketing strategy, expand geographically, increase relationships with insurance networks, and expand current services offered to customers.
Through the confidential marketing of the business, Sun Acquisitions generated over 75 interested buyers, which led to 3 final offers to purchase Disaster Solution, Inc. from its previous ownership. The business was acquired by a strategic buyer and competitor, also located within the Illinois market.
Matt Brunstrum was the lead advisor and managed all aspects of this client engagement. Matt is an advisor with Sun Acquisitions with significant deal making and negotiation experience.