White Wolf Private Credit is pleased to support Montera Investment Group in the acquisition of Advanced Restoration & Company, Inc.
August 24, 2022 – White Wolf Private Credit Management, LLC (“White Wolf Private Credit” or “White Wolf”) announced it has supported Montera Investment Group (“Montera”) in the formation of NMR (National Mitigation & Restoration). NMR is initially comprised of two restoration and mitigation businesses: Advanced and ProFire. White Wolf provided the financing to support the acquisitions, which consisted of a senior secured term loan, a preferred equity investment, and common equity co-investment. Details of the transaction were not disclosed.
Headquartered in Miami, FL, NMR is a scaled full-service platform offering critical, fast-response mitigation and restoration services to residential and commercial customers. Collectively, Advanced and ProFire drive a highly complementary and attractive service mix, strong fundamentals, and an expansive footprint in the fastest growing metropolitan areas in the Southeast.
Kareem Mahmoud, CEO of Montera Investment Group noted, “We are thrilled to partner with White Wolf and our operators to build a platform in this dynamic industry. White Wolf’s deep financial and strategic resources will enable us to accelerate NMR’s growth trajectory, expand service capabilities and strengthen market leadership, allowing us to better provide exceptional service to our customers. We look forward to working together.”
Judd Kohn, Managing Director and Head of Enterprise Lending Solutions at White Wolf Private Credit added “White Wolf is excited to have partnered with Montera on this transaction. We think NMR is poised to accomplish great things as it seeks to expand its operations across key MSAs in the Southeast and ultimately across the United States.”
Founded in 1994 and based in Cartersville, GA, ProFire is a leading full-service restoration, mitigation and contents pack-outs provider with an expansive operating reach across the densely populated Metro Atlanta, Eastern Alabama and Chattanooga markets.For further information, please visit www.profirellc.com.
Founded in 2014 and based in Coral Springs, Florida, Advanced provides a full suite of water and mold mitigation, and restoration services to residential customers across Broward, Miami Dade and Palm Beach counties. For further information, please visit www.advanced-restoration.com.
Montera is an operationally oriented private investment firm focused on partnering with founders to build best-in-class businesses within traditionally fragmented, defensive industries. Montera considers majority recapitalization opportunities in lower middle market companies with less than $10 million of EBITDA. For further information, please visit www.monteragroup.com.
About White Wolf
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include, management buyouts, leveraged buyouts, recapitalizations and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace and defense.
In addition to making direct investments in operating companies, White Wolf Capital also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million in assets under management, with a focus on the lower-middle and middle-market.
For further information, please visit www.whitewolfcapital.com
NMR is actively evaluating acquisition opportunities and partnerships with founders in the industry. Please direct all opportunities and inquiries to firstname.lastname@example.org.