FirstOnSite Restoration completes acquisition of JPL Disaster Recovery
Deal cements company’s presence in the region
FirstOnSite Restoration completes acquisition of JPL Disaster Recovery
CATASTROPHE & FLOOD
By Lyle Adriano
04 Sep 2019

FirstOnSite Restoration has completed its agreement to acquire JPL Disaster Recovery in Gatineau, Ottawa.

Founded in 1966, JPL is a full-service disaster restoration provider. The deal was first announced last May, and both companies entered into an agreement just last month. Terms of the transaction were not disclosed.

Read more: FirstOnSite Restoration enters agreement to purchase JPL Disaster Recovery in Ottawa

“FirstOnSite shares our values and business goals, making this the right decision for our organization,” commented JPL owner Earl Laforest.

Following the transaction, Laforest will serve as vice president of operations and acquisitions, Quebec and National Capital Region for FirstOnSite. In his new role, Laforest will work closely with executive vice president Barry J. Ross.

In 2016, FirstOnSite reached a definitive asset purchase agreement with the US-based Interstate Restoration. A previous release said that the combination of the two creates the second largest independent North American restoration and reconstruction services provider.

“FirstOnSite and Interstate have had a vision to be a global leader in the disaster restoration industry, and this acquisition represents another important milestone for our combined company,” said FirstOnSite CEO Dave Demos.

Read more: FirstOnSite Restoration opens new branch in Quebec

A release noted that FirstOnSite has opened branches in Quebec City, Ottawa and Ste-Agathe, QC in recent years. Together with its regional flagship branch in Montreal, the company now has a major presence in Quebec and the National Capital Region as a full-service commercial and residential restoration provider.

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