Nautic Partners LLC has made an undisclosed investment and property restoration company Response Team 1. The PE firm has partnered with the target’s founders, John Goense and Erik Bloom, on the deal. In addition to Nautic’s investment, Response team has purchased three restoration businesses: Emergency Reconstruction; JFS Construction Group; and Venturi Technologies.
Response team, headquartered in Wheeling, Illinois, offers commercial and residential restoration from water, fire or storm damage. The company’s services include structure stabilization, cleaning, electrical and plumbing repair along with interior restoration.