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Facilities Services Powerhouse Watterson Acquires Bassett Creek Services
Watterson, a leading national commercial real estate facility services company and a portfolio company of Highview Capital, today has acquired Bassett Creek Services, Inc. (BCS), a national leader in property restoration and renovation services.
Headquartered in Algonquin, IL, Bassett Creek provides mission-critical restoration, renovation and specialty services to a diverse group of commercial and residential real estate clients. The company is comprised of five leading brands – J.R. Johnson, Cornerstone Renovation Group, Region Construction Group, Baxter Restoration, and Disaster Restoration Pros – with complementary capabilities and expertise that allow BCS to holistically service customers across the nation.
Following the close of the transaction, BCS’s leadership team, led by CEO Daniel O’Brien, will join the Watterson family to drive continued growth in the business. BCS operations will run concurrently with Watterson’s, significantly strengthening the company’s offerings and geographic scale, while also providing additional reoccurring revenue from BCS’s entrenched customer base.
- ◦Sale/Acquisition