BELFOR USA Group has acquired BAMCOR, LLC, the Cleveland, Ohio-based industry leader in rebuilding, repairing and restoring loss affected production machinery and equipment from fire, flood or other catastrophe. EdgePoint served as the exclusive financial advisor to BAMCOR. Terms of the transaction were not disclosed.
BAMCOR provides worldwide turnkey mechanical, hydraulic, structural and electrical rebuild capabilities, returning loss affected machinery to pre-loss or better condition. BAMCOR personnel handle everything from damage assessment and repair planning to quality in house machine rebuilding and final runoff at the customer’s facility.
Headquartered in Birmingham, Michigan, BELFOR is the worldwide leader in property restoration and disaster recovery with more than 6,400 employees in 300 offices spanning 31 countries.
EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.