Harris Williams & Co. Advises Restoration and Recovery on Growth Investment from DFW Capital Partners
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces Restoration and Recovery’s (R+R) significant growth investment from DFW Capital Partners (DFW). R+R is a leading provider of stormwater management services. Harris Williams & Co., the exclusive advisor to R+R, extends its track record in the sector with this transaction, led by Ian Thomas and Matt White of Harris Williams & Co.’s Energy, Power & Infrastructure (EPI) Group and Bill Whitaker of the firm’s Richmond office.
“We are thrilled to have represented Blaine McClure, Randall Tuttle and the entire R+R team on this transaction. Blaine founded R+R to help commercial, retail, industrial and government entities manage their above and below ground stormwater assets to ensure environmental compliance. His mission-driven vision has helped create a high growth industry leader that is known for outstanding service quality, high customer satisfaction and environmental stewardship,” said Ian Thomas, a director at Harris Williams & Co. “DFW is an ideal partner to help continue and accelerate R+R’s growth trajectory while maintaining its strong culture and foundational principles.”
“Increasing regulatory scrutiny, aging infrastructure and continual outsourcing have driven demand for holistic, multi-state stormwater inspection and repair solutions. These trends are expected to accelerate and we look forward to watching R+R’s continued growth under DFW’s ownership,” said Matt White, a managing director at Harris Williams & Co.
R+R is a leading provider of post-construction stormwater management services, including inspection, maintenance, repair, consulting services and emergency response. The company’s experience, approach, scope of services and geography enable it to provide high level stormwater management services for any size entity, from individual property owners and businesses to large, national and multi-state organizations.
DFW is a private equity investment firm, focused exclusively on the lower-middle market. Since 1983, DFW has been investing in and acquiring high growth businesses in the healthcare, business services and industrial services industries. DFW partners with talented entrepreneurs, supports strong management teams and equips them for rapid growth. DFW actively manages several pools of committed capital, with approximately $500 million in assets under management.
Harris Williams & Co. (www.harriswilliams.com), a subsidiary of the PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Harris Williams & Co.’s EPI Group has experience across a broad range of sectors, including industrial and infrastructure services, oil and gas equipment and services, energy efficiency and clean tech, power products and technology, engineering and construction and environmental services. For more information on the firm’s energy, power and infrastructure experience, please visit the EPI Group’s section of the Harris Williams & Co. website.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.