InStar Services Group LP has completed the acquisition of a majority of the stock of Oakwood Construction and Restoration Services Inc. Headquartered in Brea, Calif., Oakwood provides disaster restoration and reconstruction services in Southern California. Oakwood’s range of services includes emergency response, temporary power/climate control, loss mitigation, cleaning and decontamination, pack out, crime scene cleanup, fire and flood remediation, as well as reconstruction services. The business will continue to operate using the Oakwood name and the entire Oakwood team will remain with the company
With this acquisition, InStar is now comprised of 20 response centers in the United States. The acquisition of Oakwood marks InStar’s fifth expansion in the past 14 months. InStar’s majority owner is private equity firm BlackEagle Partners LLC.
Was this article valuable?
Here are more articles you may enjoy.
‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
Tesla Drivers Are Buying Escape Tools and Cars to Avoid Getting Trapped Inside
Truckers Who Fail English Tests Get Pulled Off Roads in Trump Crackdown
NYT Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit