HighGround Announces the Acquisition of Same Day Restoration

October 11, 2022 09:35 AM Eastern Daylight Time

IRVING, Texas–(BUSINESS WIRE)–HighGround Restoration Group, INC., a portfolio company of Trivest Partners LP (“Trivest”), announces it has acquired Same Day Restoration INC (“Same Day” or the “Company”). With offices in San Diego and Orange County, California, Same Day is the preferred partner for homeowners, commercial property managers, and insurance agents providing water, fire, mold, and abatement, with mitigation, restoration and reconstruction services. Under founder Pacy Woonteiler, the Company has achieved a consistent track record of growth by delivering for customers and investing in its people with training and professional development.

Ben Balsley, HighGround’s Chief Executive Officer, stated, “Our vision is to build a company where great brands thrive and elevate to next-level performance. Same Day is a market leader and shares our vision for growth and a strong culture of service to customers and support for employees. I’m excited to bring them into the HighGround family and look forward to partnering with Pacy and the Same Day team to build on their success in Southern California.”

“We are pleased to partner with Same Day Restoration. They are a clear leader in terms of delivering outstanding restoration services to residential and commercial customers in Southern California. Same Day is an excellent fit with the existing HighGround family of brands and provides an attractive opportunity to extend our platform’s reach to the West Coast,” said Reid Callaway, Principal with Trivest.

In addition to its recent investment in Same Day, HighGround has also partnered with the following restoration brands: Dry Force, Cleanup & Total Restoration (CTR), Power Dry, MoreFloods, Dririte, and Northeast Power Dry. These brands represent every region of the US and HighGround is actively seeking to add brands and partner with founders that share its focus on people, service, and growth. If you are interested in learning more or joining the HighGround family of brands, reach out at [email protected] or visit www.highgroundnow.com.

About HighGround:

No one’s ever prepared for the chaos that comes with water, mold, fire, or smoke damage. And some contractors only make it worse. The property owner needs help from someone who knows what they’re doing – and who genuinely cares. And that’s why our family of brands come to work every day.

HighGround brands help customers who have suffered water or fire damage by providing 24/7/365 drying and clean up services coupled with reconstruction contracting, all while engaging with the customer’s insurance company to ensure seamless claims processing. Our brands have developed a robust referral program with residential and commercial partners by offering services such as hosted education and training, reporting and analytics, and competitive incentive compensation. This comprehensive approach allows HighGround to stay top of mind with these key referral relationships.

About Trivest:

Trivest Partners, with offices in Miami, Charlotte, Chicago, Los Angeles, Philadelphia, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 400 investments, totaling approximately $7 billion in value. The firm has roughly $4 billion in assets under management, with a growing team of over 65 professionals. Trivest has been recognized by Inc. Magazine as one of the top founder-friendly private equity firms in four consecutive years. Learn more at www.trivest.com

Brian McNeal
[email protected]

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