DRYmedic of Bloomfield Hills Acquired by Maryland Home Service Franchise Platform

DRYmedic Restoration Service in Bloomfield Hills has been acquired by a national brand to continue its growth. // Courtesy of DRYmedic

Authority Brands of Columbia, Maryland, today announced the purchase of DRYmedic Restoration Services, a disaster restoration service for businesses and families based in Bloomfield Hills. Terms of the transaction were not disclosed.

Founded by Carlos Hesano and Benjamin Gergis in 2014, DRYmedic helps “bring families and businesses back to life after a disaster.” What started as a family business with one truck has grown to serve the Detroit area with more than 40 trucks, offering a full range of disaster restoration services that take customers from cleanup to full fire recovery. , flood, storm, mold and asbestos.

“DRYmedic is the perfect addition to the Authority Brands portfolio, complementing the suite of professional home services our brands provide,” said Craig Donaldson, CEO of Authority Brands.

“This year marks the 5th anniversary of Authority Brands and during this time we have achieved impressive growth, meeting the increased demand for home services by expanding our portfolio with thoughtful concepts that benefit owners and consumers alike. the clientele. We are excited to support DRYmedic as their business grows and provide resources to help the company achieve its growth goals.

Companies under the Authority Brands umbrella include America’s Swimming Pool Co., Benjamin Franklin Plumbing, The Cleaning Authority, Color World Painting, DoodyCalls, Homewatch CareGivers, Mister Sparky, Monster Tree Service, Mosquito Squad, One Hour Heating & Air Conditioning, STOP Restoration, and Woofie’s.

“When considering new brands to join the Authority Brands family, we look for entrepreneurs who have a clear vision for the future of their business,” says Ashish Karandikar, parent company board member and Apax partner of Apax. ‘Authority Brands. “DRYmedic has accomplished a lot on its own, and now, with the support of our system, they are poised to grow exponentially. authority can provide.”

Carlos Hesano adds, “We created DRYmedic to fill a need — the need to provide our community with professional, high-quality restoration and disaster cleanup services. Now that we are joining forces with the Authority Brands network, our business will have the resources and support to continue serving our customers while expanding our reach and ability to help more people.

Greenwich Capital Group represented DRYmedic and acted as exclusive financial advisor for the transaction.