Hudson Valley Restoration & Mitigation, a regional mitigation and restoration company, has raised an undisclosed amount of funding. The investor was Brookstone Partners.
NEW YORK & NEW HAMPTON, N.Y.–(BUSINESS WIRE)–Brookstone Partners is providing growth capital to Hudson Valley Restoration & Mitigation (“Hudson Valley”), a leading regional mitigation and restoration company. Hudson Valley serves commercial and residential customers in 7 counties in Hudson Valley.
Hudson Valley will grow organically by continuing to expand its customer base.
Brookstone will accelerate Hudson’s growth by providing financing to acquire companies in adjacent geographies.
According to Bardia Mesbah, Brookstone’s Managing Director, “The mitigation and restoration space remains fragmented, providing ample opportunities for a regional roll up strategy.”
Matthew Lipman, Brookstone’s Managing Director, added, “We were very impressed by the caliber of management Hudson Valley has attracted in advance of its acquisition strategy.”
Hudson valley has seen annual 20% revenue growth consistently over the past four years through the use of technology, targeted marketing and a dedicated focus on customers. Angelo Ferrante, President at Hudson Valley, said, “We have done a great job growing organically. We want to further accelerate our growth through acquisitions.”
Greg Boatwright, COO at Hudson Valley, said: “I joined the company to provide the systems and infrastructure to support an accelerated growth strategy.”
Hudson Valley Contracting & DKI
Located in New Hampton, NY, Hudson Valley is a leading restoration contractor in the Hudson Valley, NY area with over 30 years of experience in disaster restoration. It provides restoration services to commercial, insurance, and residential clients. Services available to customers include emergency response, construction services, catastrophe response, contents restoration, environmental services, fire & smoke damage, and water mitigation. www.hudsonvalleydki.com.
Founded in 2003, the New York-based firm prides itself on “Building Businesses, Investing in People.” The firm creates investment situations where its goals as investor are directly aligned with those of management. As soon as Brookstone commits its capital to a company, its Principals begin working aggressively with management to build the company. This approach, which Brookstone calls “Goal Congruency”, is one of the key factors behind the firm’s success. www.brookstonepartners.com