Knox Lane Partners with HighGround Restoration Group

Positions HighGround for Industry-Leading Growth and Expansion

SAN FRANCISCO and IRVING, Texas, March 10, 2025 /PRNewswire/ -- Knox Lane, a growth-oriented investment firm, today announced it has acquired a majority stake in HighGround Restoration Group, Inc. ("HighGround" or the "Company"), a national residential services platform focused on mitigation and restoration services.

HighGround is a leading platform offering emergency response mitigation and restoration services to homeowners across 13 states. HighGround works hand in hand with homeowners and its referral partners in response to emergency events, with a relentless focus on customer service, responsiveness, and superior results, helping to return homes to their original state with speed and quality. Operating a family of local brands, HighGround was built by partnering and investing in businesses that share a passion for growth and excellence, dedication to customers, innovative capabilities, and a commitment to take best-in-class brands to the next level.

The partnership with Knox Lane will support HighGround's next phase of growth by investing in business development and digital marketing, driving operational efficiencies, investing in talent, and continuing the Company's track record of strategic acquisitions and partnerships.

"We are incredibly proud of what we have built at HighGround and are excited about the opportunity ahead of us," said Ben Balsley, Chief Executive Officer of HighGround. "We take pride in our work and the results we deliver to our customers, and there is tremendous runway for our company as we continue to scale nationally. We're grateful to have found a partner in Knox Lane that deeply understands our business, brings significant experience and capabilities, and shares our values. We look forward to benefitting from Knox Lane's expertise in this next phase of growth and value creation."

John Bailey, Managing Partner at Knox Lane, and Shamik Patel, Partner at Knox Lane, said, "HighGround has taken a thoughtful and strategic approach to building a differentiated mitigation and restoration services platform. Leveraging our track record of success and relevant experience in the residential and route-based services sectors, we are excited to partner with Ben and the HighGround team to accelerate organic growth and continue to build a best-in-class platform relentlessly focused on delivering for its customers and partners."

Harris Williams served as the exclusive financial advisor to HighGround, and Akerman LLP acted as legal counsel. Goldman Sachs and William Blair served as financial advisors and Kirkland & Ellis LLP acted as legal counsel to Knox Lane.

About HighGround Restoration Group
HighGround is a leading residential restoration services platform combining national scale with local brand execution. HighGround helps customers who have suffered water or fire damage by providing emergency response drying and clean up services coupled with restoration and repair contracting. With a proven track record of growth and focus on people, HighGround was built by partnering with like-minded companies that share a track record of doing the right thing for customers, employees, and partners.

For more information, please visit www.highgroundnow.com.

About Knox Lane
Based in San Francisco, Knox Lane is a growth-oriented investment firm comprised of a team of accomplished investors and operators with a shared work history and a strong track record of partnering with leading companies to accelerate transformational growth. Knox Lane employs an investor-operator mindset and seeks to provide support across a number of business components, including human capital, brand management, end-to-end digital transformation, sourcing, supply chain and logistics, strategic acquisitions and business development. For more information, please visit www.knoxlane.com.

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SOURCE Knox Lane