About DRYmedic Restoration Services
DRYmedic Restoration Services is a company based in Bloomfield Hills (United States) founded in 2014 by Benjamin Gergis and Carlos Hesano was acquired by Authority Brands in November 2022.. DRYmedic Restoration Services offers products and services including Water Damage Restoration, Fire Damage Restoration, Mold Remediation, Storm Damage Restoration, and Contents Cleaning. DRYmedic Restoration Services operates in a competitive market with competitors including CBRE, Cintas, Dexterra, Kellermeyer Bergensons Services and Westfield, among others.
- Headquarter Bloomfield Hills, United States
- Founders Benjamin Gergis, Carlos Hesano
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Drymedic Restoration Novi Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Authority Brands
(Nov 14, 2022)
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Products & Services of DRYmedic Restoration Services
DRYmedic Restoration Services offers a comprehensive portfolio of products and services, including Water Damage Restoration, Fire Damage Restoration, Mold Remediation, Storm Damage Restoration, and Contents Cleaning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Restores properties affected by water and flood damage.
Repairs and cleans up after fire and smoke incidents.
Removes and prevents mold growth from various damages.
Handles repairs from storms and related emergencies.
Cleans and restores personal belongings after disasters.
Performs repairs and renovations post-damage.
Funding Insights of DRYmedic Restoration Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DRYmedic Restoration Services
DRYmedic Restoration Services has secured backing from 1 investor. Prominent investors backing the company include Authority Brands. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Home maintenance and repair services are delivered via franchise brands.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by DRYmedic Restoration Services
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - DRYmedic Restoration Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drymedic Restoration Services Comparisons
Competitors of DRYmedic Restoration Services
DRYmedic Restoration Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CBRE, Cintas, Dexterra, Kellermeyer Bergensons Services and Westfield, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Property management, brokerage, and asset services are provided globally.
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Corporate identity uniforms are provided via rental and sales programs.
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Facility management and forestry services are provided globally.
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Cleaning and maintenance services are provided to facilities nationwide.
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Multi-category consumer products are retailed by Westfield in Sydney.
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Facility and infrastructure solutions are provided by ABM across industries.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Drymedic Restoration Services
Frequently Asked Questions about DRYmedic Restoration Services
When was DRYmedic Restoration Services founded?
DRYmedic Restoration Services was founded in 2014.
Where is DRYmedic Restoration Services located?
DRYmedic Restoration Services is headquartered in Bloomfield Hills, United States. It is registered at Bloomfield Hills, Michigan, United States.
Who is the current CEO of DRYmedic Restoration Services?
Carlos Hesano is the current CEO of DRYmedic Restoration Services. They have also founded this company.
What does DRYmedic Restoration Services do?
Provider of disaster restoration services for residential and commercial properties. It offers services for water and flood damage, fire and smoke damage, mold remediation, and storm damage. The company provides emergency response and handles all aspects of restoration, including contents cleaning and construction. It works with insurance companies to streamline the process for clients. Its team of professionals is committed to restoring properties to their pre-loss condition and providing exceptional customer service.
Who are the top competitors of DRYmedic Restoration Services?
DRYmedic Restoration Services's top competitors include ODP Business Solutions, Cintas and Kellermeyer Bergensons Services.
What products or services does DRYmedic Restoration Services offer?
DRYmedic Restoration Services offers Water Damage Restoration, Fire Damage Restoration, Mold Remediation, Storm Damage Restoration, and 2 more products and services.
Who are DRYmedic Restoration Services's investors?
DRYmedic Restoration Services has 1 investor. Key investors include Authority Brands.