#United States #Hidden River #ServiceMaster #Restoration Alliance #Seattle-Tacoma

Hidden River Strategic Capital Investment in ServiceMaster Restore Franchisee

Hidden River Strategic Capital has announced a significant strategic investment in Restoration Alliance, renowned as a leading franchisee of the prominent ServiceMaster Restore franchise system. This collaboration is aimed at enhancing the business’s capabilities while providing essential growth capital necessary for its extensive expansion ambitions.

About Restoration Alliance

Situated in the Seattle-Tacoma area, Restoration Alliance, which also operates as ServiceMaster of Tacoma, specializes in professional disaster restoration services for both residential and commercial clients. Their offerings include crucial services such as water mitigation, fire and smoke damage restoration, and comprehensive contents cleaning and storage solutions. This franchise, under the administration of the Sorenson family for over three decades, has established a reputation for delivering high-quality services with operational excellence.

Continuity and Plans for Growth

Under the existing management, CEO Jeff Sorenson will continue to spearhead efforts while also managing new growth initiatives focusing on transforming Restoration Alliance from a regional powerhouse into a formidable national contender in the disaster restoration sector. This continuity is pivotal as it fosters stability while allowing for a shift towards a broader operational model.

Kevin Condon, Co-Founder and Partner at Hidden River, expressed his enthusiasm about the partnership, highlighting the robust business that Sorenson and his team have built, grounded in a reputation for exceptional service delivery. Condon noted, "We are thrilled to partner with Jeff and Taurus in our collective efforts to expand this business through strategic acquisitions and organic growth."

Sorenson shared his positive outlook on the collaboration, remarking that the partnership approach taken by Hidden River and Taurus is refreshingly distinct from traditional private equity methods. He valued the emphasis on collaboration and relationship-building, asserting the importance of finding partners who recognize the foundation that has been established while assisting in further success and expansion.

The Significance of ServiceMaster Restore

With a history spanning more than 65 years and accumulating over 800 franchised locations across 14 different countries, ServiceMaster Restore is regarded as one of the most reputable names in the disaster restoration industry globally. Griffin Gordon, CEO of Taurus Capital Partners, expressed gratitude for being welcomed into the ServiceMaster Restore family, anticipating further growth within the branded operations across the United States.

About Hidden River Strategic Capital

Hidden River Strategic Capital is known for its strategic investments ranging from $5 million to $25 million in U.S.-based businesses that demonstrate positive cash flow, typically with revenues exceeding $10 million. By offering flexible and partnership-oriented structured capital, Hidden River aims to support management-owned enterprises in meeting growth needs and executing strategic initiatives. The fund prioritizes investments in sectors with unique, repeatable, and sustainable business models.

For more detailed information on their investment strategies and offerings, please visit Hidden River's official website.

For media inquiries, contact:
Graham Bachman
Managing Director, Head of Business Development
Hidden River Strategic Capital
Email: [email protected]
Phone: 484-453-3134

This partnership showcases Hidden River's commitment to nurturing businesses that not only seek profitability but also community resilience, ultimately empowering them to confront challenges more effectively while enhancing their service offerings.