Florida, June 20, 2023 – Montera is pleased to announce that its growing restoration platform - NMR - has acquired Water Damage Clean. White Wolf provided the financing to support the acquisition as well as to fund additional capital investment alongside Montera. Details of the transaction were not disclosed.
NMR (National Mitigation & Restoration) is a true full-service mitigation & restoration platform offering a range of services, including water mitigation, mold remediation, pack-outs, and restoration to residential and commercial customers. The Company covers an expansive footprint in the fastest growing metropolitan areas in the Southeast. For more information, please visit www.nmrholdings.com
Kareem Mahmoud, CEO of Montera said, "We are thrilled to welcome Water Damage Clean into our growing restoration platform. Eric and his team have built a quality business with great people; we look forward to championing that legacy and growing together. We also warmly thank White Wolf for their continued partnership and unparalleled support of NMR."
Eric Van Trump, CEO of Water Damage Clean said, "The Water Damage Clean team is very excited to join forces with NMR. NMR shares our values and our commitment to people and excellence in customer service. This partnership will help us expand our service offerings and provide greater opportunities to our team."
Judd Kohn, Managing Director and Head of Enterprise Lending Solutions at White Wolf Private Credit added "White Wolf is pleased to have partnered with Montera on another transaction. We look forward to continuing to support NMR's growth and its create-and-build acquisition strategy."
NMR has acquired three mitigation & restoration companies since its inception in August 2022. This strategic acquisition expands the platform's water mitigation and mold remediation capabilities, while complementing its existing presence in select Florida MSAs.
About Water Damage Clean
Headquartered in Fort Lauderdale, FL, Water Damage Clean is a premier provider of water, fire, mold and storm-related services to commercial and residential customers. The Company operates three locations with a sizable footprint across Florida.
NMR is always evaluating acquisition and partnership opportunities with owners in the restoration industry. If you are an interested owner, intermediary, or other related party, please contact us directly at email@example.com.