Canstar Restorations
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Canstar Restorations - overview
Established
1985
Location
-, BC, Canada
Primary Industry
Real Estate Development & Operating Companies
About
Canstar Restorations provides expert restoration services for properties affected by disasters, including water, fire, and mould damage, ensuring timely recovery for residential and commercial clients. Founded in 1985 in Canada, Canstar Restorations specializes in property restoration services. The company has remained focused on recovery solutions without any significant pivots in its business strategy. Canstar Restorations was involved in a growth capital investment deal in July 2016 with Fulcrum Capital Partners, and management participated in this transaction.
The firm is headquartered in British Columbia, which is a key location for its operations. Canstar Restorations specializes in comprehensive restoration services aimed at addressing a wide range of property damage caused by water, fire, floods, storms, and hazardous materials. The core offerings include water damage restoration, fire damage restoration, flood damage restoration, mould remediation, and hazardous waste removal, restoring properties to their original condition after disasters. Canstar employs state-of-the-art equipment and techniques to ensure effective service delivery, catering to the urgent needs of home and business owners in British Columbia, Alberta, and Saskatchewan.
Their client base consists of homeowners, property managers, insurance companies, and businesses that require rapid and reliable restoration solutions in the wake of property damage, with services available 24/7. Canstar Restorations generates revenue primarily through its restoration services, which are billed based on the scope of work and specific services rendered. Payment is processed upon completion of services, with clients often covered by insurance policies that reimburse them for restoration costs. The company may also engage in partnerships with insurance companies and property management firms, contributing to its revenue stream.
The demand for emergency restoration services ensures a steady flow of business, particularly following natural disasters and unforeseen property damage events. Canstar Restorations plans to utilize the recent growth capital investment from July 2016 to enhance its service offerings and expand operations. While specific upcoming products have not been detailed, the company aims to broaden its reach into additional markets within Canada. This strategic growth aligns with the company's commitment to improving restoration capabilities and responding to increasing demand for emergency services.
Current Investors
Fulcrum Capital Partners
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Real Estate Development & Operating Companies
Website
www.canstarrestorations.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Canstar Restorations - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Lydale Construction | - | ||||||||
| Add-on | Completed | Universal Restoration Systems Ltd. | - | ||||||||
| Add-on | Completed | NorHaz Solutions Inc. | - | ||||||||
| Add-on | Completed | ABK Restoration Services Ltd. | - | ||||||||
| Growth | Completed | Canstar Restorations | - |
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