Delta Disaster Services Now Part of HRI Holdings
Dan Tarantin, president and CEO of HRI Holdings, Inc.
Adding to its stable of home and commercial services brands, the parent company of Chem-Dry Carpet and Upholstery Cleaning and N-Hance Wood Refinishing acquired restoration concept Delta Disaster Services.
In a deal announced this week, HRI Holdings purchased Denver-based Delta Disaster Services with plans to turn the 16-market operation into a national competitor in the restoration industry. Delta Disaster Services’ restoration offerings cover damage from flood and water, smoke and fire, as well as mold and other environmental conditions. In addition to its corporate territory in Denver, the company operates in northern, southern and western Colorado, as well as Salt Lake City, northern Los Angeles and throughout the Gulf Coast in northwest Florida, southern Mississippi and Alabama.
Under HRI’s umbrella, Chem-Dry has grown into a 3,000-unit franchise operating in more than 50 countries, while N-Hance recently surpassed 500 units.
Dan Tarantin, HRI’s CEO, said Delta Disaster Services aligns with his company’s core values and culture, and “we see an enormous opportunity to use the proven platform and infrastructure we’ve built in operations, marketing, research and development, franchise development and international expansion, which have helped us grow two category-leading services brands, to now help the Delta Disaster Services franchise system build on its well-earned success and reach its full potential.”
Prospects for growth include introducing the Delta Disaster Services franchise opportunity to the 1,100 Chem-Dry and N-Hance franchisees in the United States and Canada, some of whom the company said already offer select restoration services and have been looking for an avenue to expand this business to become a stronger local competitor. Beyond its existing franchisees, HRI and the Delta Disaster Services team plan to go to market with a large-scale, nationwide franchise development initiative in the coming months.
“When you look at how HRI has developed Chem-Dry and N-Hance into not only nationally but internationally acclaimed, award-winning brands, you can’t help but be excited about what the future holds for the Delta Disaster Services brand,” said Mike Mastous, founder and president of Delta Disaster Services, adding, “We’ve been looking for the right partner to help scale the Delta Disaster Services brand into becoming a dominant force in the restoration industry, and HRI has proven that they have the capacity, experience and resources to enable us to achieve that goal.”
HRI, which is a portfolio company of Baird Capital, noted in a press release that there are no planned job eliminations and that Delta Disaster Services headquarters will remain in Denver.