White Wolf Backs Montera's NMR Launch
New York, August 25, 2022 -- White Wolf provided financing to back Montera's formation of NMR (National Mitigation & Restoration). The platform is initially comprised of two restoration and mitigation businesses: Advanced and ProFire. Transaction terms were not disclosed.
White Wolf's financing package consisted of a senior secured term loan, a preferred equity investment and a common equity co-investment alongside Montera.
NMR is a provider of mitigation and restoration services to residential and commercial customers.
Kareem Mahmoud, CEO of Montera noted, “We are thrilled to partner with White Wolf and our operators to build a platform in this dynamic industry. White Wolf’s deep financial and strategic resources will enable us to accelerate NMR’s growth trajectory, expand service capabilities and strengthen market leadership, allowing us to better provide exceptional service to our customers. We look forward to working together.”
Founded in 1994 and based in Cartersville, Georgia, ProFire is a leading provider of restoration, mitigation and contents pack-outs services with an expansive operating reach across the densely populated Metro Atlanta, Eastern Alabama, and Southern Tennessee markets.
Founded in 2014 and based in Coral Springs, Florida, Advanced provides a full suite of water and mold mitigation, and restoration services to residential customers across Broward, Miami Dade and Palm Beach counties.
Montera considers majority buyout opportunities in founder-owned, middle market companies in the services and consumer space.
White Wolf Capital is a private investment firm that began operations in late 2011 and backs middle market companies located in North America.
For more information on White Wolf, please visit www.whitewolfcapital.com
NMR is actively having conversations with founders in the industry. If you are an interested founder, please contact firstname.lastname@example.org.