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Cotton Holdings Acquires Advance Catastrophe Technologies, Target Solutions.

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M2 EQUITYBITES-January 6, 2022-Cotton Holdings Acquires Advance Catastrophe Technologies, Target Solutions

(C)2022 M2 COMMUNICATIONS http://www.m2.com

US-based infrastructure support services company Cotton Holdings, Inc, which is in the commercial restoration market, has acquired US-based disaster remediation and restoration service provider Advance Catastrophe Technologies, LLC, and Target Solutions, LLC, the company said.

ACT, a national disaster remediation and restoration service provider specializing in water mitigation, fire restoration, mold remediation and storm disaster response, has grown its client base to over 8,000 commercial properties serving the hospitality, senior living, and student housing end markets.

Founded in 2001 and headquartered in Wichita, Kansas, ACT will retain its name and operate as a wholly-owned subsidiary of Cotton under the continued leadership of Christian Wiley, president and CEO of ACT, who will retain an ownership interest in the business.

Financial terms of the private transaction were not disclosed.

Target, a disaster restoration, commercial roofing, environmental decontamination and reconstruction services provider, has grown rapidly from a local construction contractor to a full-service disaster restoration company with a leading market position.

Founded in 2006 and headquartered in Waco, Texas, Target will retain its name and operate as a wholly-owned subsidiary of Cotton under the continued leadership of Adam Meyer, president and CEO, who will retain an ownership interest in the business.

Financial terms of the private transaction were not disclosed.

The integration of ACT and Target into Cotton's portfolio is part of the company's global strategy which aims to meet the increasing demand for commercial restoration services across North America and internationally.

Cotton is an infrastructure support services company in the USD 20bn US commercial restoration market with subsidiaries that...

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