Insurcomm, Inc., a Portsmouth, NH – based provider of commercial and residential restoration services, received a majority growth investment from Summit Partners.
The amount of the deal was not disclosed. Matt Hamilton, a Managing Director at Summit Partners, joined the company’s Board of Directors, along with Andy Lee, Vice President at Summit Partners.
The company intends to use the funds to expand the national expansion strategy.
Created in 1996 by founder Neil Robbins and led by Doug Indelicato, CEO, Insurcomm is a restoration services provider that offers a comprehensive range of property damage restoration services, including fire and water damage cleanup, mold remediation, asbestos and biohazard removal, as well as reconstruction services to customers nationally.
Today, Insurcomm has almost 100 employees and provides end-to-end solutions for insurance-related property losses. In addition to servicing day-to-day emergencies, Insurcomm also has a National Large Loss team, which responds to complicated large loss projects throughout the U.S.
FinSMEs
29/02/2024