SERVPRO is a leader in the cleaning and restoration industry, with over 2,270 locations across the United States and Canada. Founded in 1967 by Ted and Doris Isaacson in Sacramento, California, the company originally started as a painting business but quickly transitioned into cleanup and restoration services. This strategic pivot allowed them to capitalize on their expertise, leading to franchising opportunities that began in 1969. Over the decades, SERVPRO has grown significantly, acquiring other companies and expanding its reach. A key moment in its history occurred in 1979 when SERVPRO acquired the Bristol-Myers Domesticare division, adding 175 franchises to its network. The relocation of the company to the Metro Nashville area in 1988 further positioned it for growth, as it became more accessible to a large portion of the U.S. population. Today, SERVPRO is recognized as the #1 choice for cleanup and restoration, leveraging an effective business model that appeals to franchise owners looking for stable opportunities in a recession-proof industry. In 2019, Blackstone, a global investment firm, acquired a majority stake in the company, further fueling its growth ambitions while allowing the Isaacson family to remain significant shareholders. With a commitment to excellence, SERVPRO not only provides a wide range of services including water damage, fire damage restoration, mold remediation, and specialty cleaning but also actively participates in community initiatives, such as the First Responder Bowl to honor first responders. The company continues to innovate and expand under the leadership of CEO Brett Ponton, who brings extensive experience in guiding profitable growth.
