Birmingham, Michigan – InStar Services Group, LP (“InStar”) announced it completed the acquisition of B. Poole Restoration, LLC (“BPR”).  Headquartered in New York, NY, BPR is a leader in disaster restoration to the Tri-State Region as well as servicing National Accounts.  BPR specializes in providing single-source disaster recovery solutions to its customers offering a range of services including emergency response, temporary power/climate control, loss mitigation, cleaning and decontamination, fire and flood remediation as well as reconstruction services. 

BPR founder, Bernard Poole, began his career in the building supply business reading blue prints and selling construction materials to contractors. In 1994, Bernard entered the disaster recovery industry in New York working primarily with residential projects.  Within a few years he had become National Accounts Manager of BELFOR USA, the country’s largest disaster response and insurance restoration company.  Bernard left BELFOR to form BPR and grew the company into a strong, large loss recovery business providing customized service to clients nationwide.  “Bernard brings a wealth of knowledge and operational expertise to the InStar team,” said Mark W. Davis, President & CEO of InStar.  “As InStar seeks to expand its geography and service offering, the team at BPR will play an integral role in our growth.  Having worked with Bernard for years, I know how fortunate InStar is to have him and his team as part of the InStar family.”

With this acquisition, InStar is now comprised of 17 response centers in the U.S. and grows as a leading national provider of disaster response, insurance restoration and reconstruction services.  In addition to disaster response, services include response to regularly occurring incidents, such as fires, floods, water-line breaks and storm damage in order to return damaged property to its pre-loss condition.  InStar also provides structural maintenance, renovation and modernization services to large multi-family properties.

The acquisition of BPR marks InStar’s second expansion in the last six months.  InStar’s majority owners, private equity firm BlackEagle Partners, LLC (“BlackEagle”), supported the company’s entrance into Birmingham, Michigan as well as the acquisition of BPR.  “We are committed to provide InStar with the necessary resources to finance its growth as it expands into one of the nation’s leading disaster restoration firms,” said Jason Runco, Partner of BlackEagle.

About InStar
InStar is a leading national provider of disaster response, insurance restoration and reconstruction services operating from 17 branches. In addition to disaster response, services include response to fires, floods, water-line breaks and storm damage in order to return damaged property to its pre-loss condition, the company also provides structural maintenance, renovation and modernization services to large multi-family properties. InStar markets its services to a broad range of customers, including retail, hospitality, manufacturing, healthcare, insurance companies and multi-family residential property owners/managers.

About BlackEagle
BlackEagle Partners, LLC, with offices in New York, New York and Bloomfield Hills, Michigan, is an operations-focused, middle market private equity firm that seeks to acquire non-core subsidiaries and companies in out-of-favor industries.  BlackEagle seeks businesses with an enterprise value below $200 million. www.blackeaglepartners.com