Morgan Stanley Capital Partners acquires American Restoration

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James P. Gorman, Executive Chairman of Morgan Stanley | Columbia Business School

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired American Restoration, a provider of residential and commercial property mitigation and restoration services. MSCP is partnering with the current management team led by CEO Dan Tarantin, who will continue to lead the business.

Headquartered in Dallas, American Restoration operates across 10 states through eight regional brands. The company provides emergency and loss-related mitigation services as well as complementary follow-on repair and rebuild services to both residential and commercial customers. American Restoration has grown into a leading platform in the industry through a combination of strong organic growth, strategic M&A, and a focus on customers in their time of need.

Adam Shaw, Managing Director and Head of Business Services at MSCP, said: “We are excited to partner with Dan and the American Restoration team as they continue building a best-in-class platform across the residential and commercial restoration space. American Restoration represents our continued effort to invest in high-quality residential and commercial services companies, a sector in which we have deep institutional knowledge and expertise building industry-leading platforms. We look forward to working together to continue accelerating the company’s exciting growth trajectory.”

The acquisition of American Restoration represents MSCP’s fifth residential and commercial services investment following partnerships with Sila Heating & Air Conditioning, Fairway Lawns, Allstar Services, and RowCal.

“We could not be more excited to partner with MSCP for the next chapter of our growth and evolution,” said Dan Tarantin, CEO of American Restoration. “We look forward to leveraging MSCP’s expertise operating across the residential and commercial services space, as well as their demonstrated ability to help & support teams to accelerate organic growth and execute strategic acquisitions.”

Debevoise & Plimpton served as legal counsel to MSCP. Harris Williams and Stephens Inc. served as MSCP’s financial advisors. Robert W. Baird & Co served as financial advisor to American Restoration.

Morgan Stanley Capital Partners is part of Morgan Stanley Investment Management's middle-market private equity platform established in 1986 that primarily invests alongside founders seeking to build best-in-class companies within business, consumer, industrial, and healthcare services sectors.

Morgan Stanley Investment Management has approximately $1.5 trillion in assets under management or supervision as of March 31, 2024.

Morgan Stanley is a global financial services firm providing investment banking, securities, wealth management, and investment management services with offices in more than 42 countries.

American Restoration offers emergency mitigation and restoration services across both residential and commercial properties in 10 states through eight market-leading brands built on technical expertise, customer service excellence, and community commitment.

Contacts:

Alyson Barnes

Alyson.Barnes@morganstanley.com

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