A team of Jones Walker attorneys, led by Allison Bell and including Trevor Wilson, Luke Falgoust, and John Zimmer, served as legal counsel to City Capital Ventures (CCV) in the company's strategic investment and recapitalization of SERVPRO of Saginaw and related entities. As part of the investment announced on July 24, 2023, SERVPRO of Saginaw, a leading SERVPRO franchisee and provider of residential and commercial property restoration services based in Michigan, will form Great Lakes Restoration Group. Partnership with CCV will allow the new entity to expand its geographical footprint and further enhance the company's impressive growth potential. For more details about the investment, read the press release.

About City Capital Ventures
City Capital Ventures is a lower middle market investment partnership based in Chicago, focused on investing on behalf of their exclusive network of family offices and private market investors in consumer, commercial, and service businesses. CCV invests in growth buyouts of market-leading companies with exceptional leadership and attractive niche positions where it can provide capital and expertise to accelerate and sustain growth.

About SERVPRO of Sawginaw
SERVPRO of Saginaw, founded in 1997 by Randy Miller and headquartered in Saginaw, Michigan, provides restoration and remediation services to residential and commercial customers across the Midwest and other regions of the United States. The company offers property damage restoration services including fire and water mitigation, mold and abatement, commercial cleaning, and reconstruction.

About SERVPRO
Founded in 1967 by the Isaacson family, SERVPRO is a leading national franchisor of residential and commercial fire and water damage restoration services. Since its founding, SERVPRO has now grown to more than 2,100 franchisees in the United States and Canada. In 2019, investment funds affiliated with Blackstone acquired a majority stake in SERVPRO as part of its Core Private Equity strategy, which is designed to hold investments for longer periods of time than traditional private equity.

About Jones Walker
Jones Walker LLP (joneswalker.com) is among the largest 140 law firms in the United States. With offices in Alabama, Arizona, the District of Columbia, Florida, Georgia, Louisiana, Mississippi, New York, and Texas, we serve local, regional, national, and international business interests. The firm is committed to providing a comprehensive range of legal services to major multinational public and private corporations, Fortune® 500 companies, money center banks, worldwide insurers, and emerging companies doing business in the United States and abroad.