Toronto, Ontario, March 6, 2023 – Beacon Mergers & Acquisition (“Beacon”) is pleased to announce the completion of another successful M&A mandate with the sale of a leading Canadian property damage restoration service contractor. Beacon provided support throughout the transaction as the exclusive sell-side M&A advisor to the business.
Beacon successfully secured this sell-side mandate due to its demonstrated expertise and prior experience working with specialty contracting service providers. Throughout the mandate, Beacon’s experienced valuation and marketing teams conducted a financial overview and analysis, developed numerous forecasts, and created marketing deliverables for the client. Beacon also conducted a full assessment of the client’s business and a complete analysis of its strengths and growth opportunities. The team carefully collaborated with the owner to understand every facet of their operations, from the service delivery process to market potential and positioning.
Through a confidential marketing process, Beacon’s transaction team reached out to a curated list of potential buyers across North America and secured multiple Letters of Intent for the business. The successful purchaser valued the client’s established market presence and strong reputation in an industry with high barriers to entry, a recession-proof business model with recurring revenue streams, and long-lasting corporate partnerships. With the acquisition of this particular business, the buyer is looking to build a larger platform of related and synergistic businesses in the restoration contracting industry.
About Beacon’s Client
Beacon’s client is a Preferred Contractor with a number of major insurance companies based on its quality of work and service standards. The business is also IICRC (Institute of Inspection, Cleaning and Restoration Certification) certified, with a primary focus on the Residential market. In addition to the roster of experienced Project Managers, admin and trades staff, the business has built a reliable stable of sub-contractors. A suite of services provided by the business includes emergency response for water damage, fire damage, wind damage, fallen trees, vehicle impacts, break and enter, etc.
About the Buyer
The buyer recently exited a successful investment in the industrial services sector. The buyer’s intent is to leverage his proven track record at creating value in the essential services category. He is seeking to acquire companies with a strong local brand and management who are willing to stay on. He will collaborate with the existing leadership to grow the business through add-on acquisitions, expanded market presence, and increased offerings to the customer base.
About Beacon Mergers and Acquisitions
Beacon Mergers & Acquisitions is a full-service M&A advisory firm focusing on sell-side, transaction advisory, and business valuations to the lower middle market in Canada and the USA. Beacon’s team of experienced M&A professionals, CBVs and intermediaries is focused on delivering maximum value for business owners through a technology-enabled approach and streamlined processes.