Is SERVPRO Publicly Traded?

Is SERVPRO publicly traded?
The servpro brand is owned by BLACKSTONE GROUP, a company listed in New York. The sector of servpro is Asset Management. Stock market history BLACKSTONE GROUP (servpro) X Price 131.64 132.25 134.09 137.98 232 more rows
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A company that specializes in providing services for water and fire damage restoration is called SERVPRO. It was established in 1967 in Sacramento, California, and has since expanded to rank among the biggest restoration businesses in the country. With its corporate headquarters in Gallatin, Tennessee, the business has more than 1,800 franchise locations across the US. However, SERVPRO is not a publicly traded corporation, despite its size and profitability.

This implies that no stock market will allow you to purchase SERVPRO shares. The Isaacson family, which has controlled the business from its inception, remains its sole owner. This prevents the public from accessing the company’s financial data, but it also frees SERVPRO from the burden of meeting the demands of shareholders and submitting quarterly earnings reports.

Moving on to related inquiries, Balfour is an engineering and construction firm that is not also listed on a stock exchange. The business is headquartered in the UK, and Andrew Balfour, the founder, is the owner. Balfour offers a variety of services, including the construction of buildings, the development of infrastructure, and engineering consultation. Balfour, like SERVPRO, is a privately held business that is not listed on a public exchange.

Sheldon Yellen serves as the CEO of Belfor, another restoration business. Birmingham, Michigan-based Belfor is a privately held firm that was established in 1946. For people and businesses that have been harmed by fires, natural catastrophes, and other calamities, the company offers reconstruction and restoration services. Over 9,000 people work for Belfor, which has operations in over 30 nations.

In terms of DKI, it is a group of independent restoration specialists who cooperate to offer emergency services. DKI is a membership-based organization rather than a franchise that offers its members networking, training, and support possibilities. Due to the fact that the company is made up of separate firms that run separately, it does not have a fixed net value. Despite the fact that DKI is not a publicly traded corporation, many of its members work for such firms in the restoration sector.

In conclusion, despite not being a publicly traded company, SERVPRO is still a profitable and expanding business owned by the Isaacson family. In addition to being privately held businesses, Balfour and Belfor, DKI is a network of independent restoration contractors. Even though these businesses are not publicly traded, they still offer their clients worthwhile services and succeed in their respective markets.

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