20 April 2022 3:28

Was belfor sold?

Belfor Holdings Inc., the Birmingham-based property restoration giant, has sold for an undisclosed amount to a New York City-based private equity firm that has been active in metro Detroit in recent years.

Who purchased belfor?

American Securities

Birmingham, Mich. -based disaster recovery services provider Belfor Holdings Inc. (Belfor) is being acquired by American Securities, a middle-market private equity firm.

How many countries is belfor in?

BELFOR continues to grow into a $2 billion company and extend its global operations into 34 different countries.

How much is Belfor worth?

$900 million

But profits jump during hurricanes–climate change is good for Belfor–when there is plenty of work to do and not enough people who know how to do it. Forbes estimates that the company is worth $900 million and that Yellen has a net worth of $320 million.

Who is the CEO of Belfor?

Sheldon Yellen

Sheldon Yellen has built himself a robust reputation for his unconventional management style. As CEO of BELFOR Holdings, Inc.

Is belfor publicly traded?

Belfor has not publicly announced the sale.

Who started belfor?

Sheldon David Yellen (born January 16, 1958) is an American businessman, author and the CEO of BELFOR Property Restoration.

Sheldon Yellen
Children 2

What companies does belfor own?

Our brands, 1-800 WATER DAMAGE, Chem-Dry, Delta, DUCTZ, HOODZ, N-Hance, Blue Kangaroo Packoutz, THE PATCH BOYS, redbox+, WINMAR and Z PLUMBERZ, all have significant brand recognition, as well as reputations for being trusted leaders in their industries.

Is BELFOR the biggest restoration company?

In business for over 15 years and now backed by BELFOR, the world’s largest property restoration company, we’ve worked hard building lasting relationships with businesses and people just like you. With locations coast-to-coast, our team of dedicated experts is ready to help, 24/7.