Cotton Holdings Acquires Two New Restoration Service Providers
HOUSTON—February 18, 2022— Cotton Holdings, Inc., an infrastructure support services company, recently acquired Advance Catastrophe Technologies, LLC. (ACT) and Target Solutions, LLC. These acquisitions further expand Cotton Holdings’ commercial restoration market presence, where the company aims to meet growing demand for restoration services of commercial properties. Partnering with ACT and Target will expand Cotton’s geographic reach and customer verticals while bolstering ACT and Target’s existing disaster response and recovery service capabilities.
ACT is a national disaster remediation and restoration service provider specializing in water mitigation, fire restoration, mold remediation, and storm disaster response. The company serves more than 8,000 commercial properties in the hospitality, senior living, and student housing end markets. Founded in 2001 and headquartered in Wichita, Kansas, ACT will retain its name and operate as a wholly-owned subsidiary of Cotton following the acquisition. ACT President and CEO Christian Wiley will retain an ownership interest and continue to lead the company.
“Partnering with Cotton creates an environment with incredible resources that will accelerate growth and opportunities for ACT,” said Christian Wiley. “We are tremendously excited to partner with an industry leader that not only shares our passion for service and execution but has been built with integrity and transparency.”
Target grew rapidly from a local construction contractor to a full-service disaster restoration company specializing in commercial roofing, environmental decontamination, and reconstruction services. Founded in 2006 and headquartered in Waco, Texas, Target will retain its name and operate as a wholly-owned subsidiary of Cotton under the continued leadership of Adam Meyer, president and CEO, who will retain an ownership interest in the business.
“Benefiting from the Cotton team’s knowledge and expertise and having their resources at our disposal is going to accelerate Target’s growth trajectory,” said Adam Meyer. “Much like Cotton, our crucial partners and people have been here every step of the way. It’s exciting to be able to augment our team and partner with a company that values operational excellence and service above all else, the same way that we do.”
Pete Bell, founder and CEO of Cotton Holdings, commented on the synergistic partnership between all three companies, “Christian Wiley and the ACT management team along with Adam Meyer and the Target management team have done an impressive job building two market-leading disaster remediation businesses and positioning their companies for future growth.”
Headquartered in Houston, Texas, with an International Logistics Center and regional offices throughout North America, Cotton provides property restoration and recovery, construction, roofing, consulting, temporary workforce housing, and culinary services to public and private entities worldwide.
“We are confident that the comprehensive suite of disaster response services and customer relationships of both companies will benefit from the vast resources Cotton has to offer,” Bell added. “The value created will also bolster our own service lines and turnkey solutions in exciting new ways as we continue to expand our rapid response capabilities.”
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February 21, 2023