BELFOR Property Restoration
PE-OwnedKKR has invested in BELFOR, the world's largest disaster restoration company. BELFOR responds to fires, floods, storms, and other catastrophes. Insurers and policyholders have raised concerns about billing practices in the disaster restoration industry.
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Ownership Information
BELFOR Property Restoration is owned by KKR (Kohlberg Kravis Roberts). Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1986
BELFOR Property Restoration founded
2018
Acquired by KKR (Kohlberg Kravis Roberts)
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