Bessemer Investors Bets on Housing Fixers, Buys Legacy Restoration
Posted on 08/11/2021
Bessemer Investors LLC is a New York-based investment firm focused on partnering with middle market businesses to support growth and enhance value creation. The investor is part of the Bessemer Group. Bessemer Investors agreed to acquire Legacy Restoration LLC, a provider of exterior restoration and remodeling services. Founded in 2011, Legacy Restoration is headquartered in Plymouth, Minnesota and also has offices in Lombard, Illinois and Centennial, Colorado.
Waller Helms Advisors served as financial advisor to Legacy, while Hellmuth & Johnson served as legal counsel. Piper Sandler & Co. served as financial advisor and Akin Gump Strauss Hauer & Feld LLP served as legal counsel to Bessemer Investors. Capstone Headwaters served as capital markets advisor and Tree Line Capital Partners and Bridge Bank, a division of Western Alliance Bank, provided debt financing for the transaction.
Keywords: Bessemer Trust Company, Bessemer Group