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Data Center News > Blog > Investments > Insurcomm Receives Growth Equity Investment from Summit Partners
Investments

Insurcomm Receives Growth Equity Investment from Summit Partners

Last updated: February 29, 2024 7:36 pm
Published February 29, 2024
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Insurcomm, Inc., a Portsmouth, NH – based mostly supplier of business and residential restoration providers, acquired a majority development funding from Summit Companions.

The quantity of the deal was not disclosed. Matt Hamilton, a Managing Director at Summit Companions, joined the corporate’s Board of Administrators, together with Andy Lee, Vice President at Summit Companions.

The corporate intends to make use of the funds to increase the nationwide growth technique.

Created in 1996 by founder Neil Robbins and led by Doug Indelicato, CEO, Insurcomm is a restoration providers supplier that gives a complete vary of property harm restoration providers, together with hearth and water harm cleanup, mildew remediation, asbestos and biohazard elimination, in addition to reconstruction providers to prospects nationally.

As we speak, Insurcomm has virtually 100 staff and supplies end-to-end options for insurance-related property losses. Along with servicing day-to-day emergencies, Insurcomm additionally has a Nationwide Massive Loss crew, which responds to difficult giant loss tasks all through the U.S.

FinSMEs

29/02/2024

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See also  OpusClip Raises Investment from SoftBank Vision Fund 2
TAGGED: equity, Growth, Insurcomm, Investment, Partners, receives, Summit
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