Acquisitionverified
HighGround Restoration Group acquires Bradenton's Expert Water Removal
What happened. HighGround Restoration Group, a Trivest Partners portfolio company, acquired Expert Water Removal of Bradenton, its entry into the Florida restoration market. Founded in 2006 by Barry Nicks, Jr., the company serves West Florida including Tampa Bay, Sarasota and Fort Myers for property managers, builders, insurers and trade partners. CEO Ben Balsley called the addition 'a force multiplier for HighGround' in Florida; Nicks cited the platform's focus on 'strengthening founder-led brands.' The company kept its brand, business model and customer relationships. Terms were not disclosed.
Parties
- Company
- Expert Water Removal · Bradenton, Manatee County
- Buyer
- HighGround Restoration Group
- Capital
- Trivest Partners
- Price
- Not disclosed
The name on the truckExpert Water Removal
Bradenton, Manatee County
Operating ownerHighGround Restoration Group
Capital behind it
Trivest Partners
Coral Gables, FL
What this kind of deal tends to mean for customers and staff: pricing · sales pressure · technicians · the exit clock.
Sources Verified — primary document
- Restoration & Remediation Magazine (2023-02-09) — trade press. Deal coverage with founder, founding year, quotes and brand-retention terms.
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