Cotton Holdings Inc. (Cotton), a foremost infrastructure aid companies enterprise in the rapid-increasing commercial restoration market, today announced the acquisition of Stellar Restoration Providers (Stellar), a provider of complete roofing restoration providers for hail and weather conditions-relevant harm to industrial homes. Stellar will keep its identify and function as a wholly-owned subsidiary of Cotton less than the ongoing leadership of co-Founders Michael de la Mora and Rick Bailey, who will retain an ownership desire in the enterprise. Monetary phrases of the non-public transaction were being not disclosed.
The acquisition of Stellar is portion of Cottons expansion tactic to satisfy the growing need for business restoration providers in North The usa and globally. Headquartered in Houston with an intercontinental logistics middle and a amount of regional offices, Cotton offers home restoration and restoration, development, roofing, consulting, short term workforce housing and culinary expert services to general public and personal entities throughout the world. Its turnkey recovery and restoration answers assist corporations rebuild from some the worlds most harmful catastrophes by selling effectiveness, transparency, cost cost savings, and high-quality.
The addition of Stellar to the Cotton workforce delivers huge worth to our business and will assist us deliver a deeper established of roofing restoration abilities to buyers with an expanded geographic footprint in their time of need, mentioned Pete Bell, Founder and Main Government Officer of Cotton Holdings Inc. Stellar has demonstrated knowledge that builds on Cottons existing restoration and reconstruction capabilities and will insert worth in our company to our business clientele.
This is an interesting opportunity for us to carry our comprehensive roofing restoration knowledge to Cotton, and to go on our growth as aspect of a extensive global disaster restoration platform, explained de la Mora, who founded Stellar in partnership with Bailey in 2011. Cotton has an fantastic status, and shares our motivation to quality, responsive customer support. There is a incredibly all-natural cultural fit amongst us and the Cotton workforce, additional Bailey.
ABOUT COTTON HOLDINGS INC.
Cotton is a primary infrastructure assistance companies company in the $20 billion U.S. professional restoration current market, with subsidiaries that conduct business underneath the Cotton Worldwide Catastrophe Solutions, Cotton Roofing, Cotton Logistics, Cotton Culinary, and OneLodge manufacturers. Headquartered in Houston, Texas, with an International Logistics Heart and regional offices throughout North The usa, Cotton provides property restoration and restoration, building, roofing, consulting, short term workforce housing and culinary products and services to community and private entities worldwide.
ABOUT STELLAR RESTORATION Companies
Stellar is a commercial and multi-family members roofing business that specializes in insurance plan decline and catastrophe recovery expert services. Stellars primary focus is re-roofing hail harmed constructions throughout the United States. Stellar has successfully concluded tasks nationwide for lots of customers who vary from multi-relatives administration organizations, to specific and company property entrepreneurs with big commercial, retail, and industrial amenities.
Stanton PR & Marketing, Matthew Conroy
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