Blackstone Group has won the auction for Servpro Industries, a cleaning and emergency restoration company, the Wall Street Journal reported. Doris Isaacson and her late husband, Ted Isaacson, founded Servpro as a painting business in 1967; it’s currently run by their eldest child, Susan Steen, the story said. Servpro is expected to fetch $1 billion, including debt, the WSJ said.
Source: https://www.pehub.com/2019/03/blackstone-nears-1-bln-buy-of-servpro-wall-street-journal/
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