SERVPRO is owned by Blackstone, large private equity firm, which acquired majority stake in SERVPRO in 2019, with SERVPRO founders and management retaining minority stake. SERVPRO was founded in 1967 by Ted and Doris Isaacson in Sacramento, California, as painting business then cleaning and restoration, and remained family-owned for decades, growing to over 2000 franchises. In March 2019, Blackstone announced acquisition of majority stake in SERVPRO for over 1 billion dollars, making Blackstone majority owner. Blackstone is global investment firm based in New York that owns many brands. SERVPRO continues to operate as franchise system headquartered in Gallatin, Tennessee, with existing management team leading operations. So ownership is Blackstone majority, with founder family and management minority. This structure is common for franchise systems where private equity provides capital for growth. So who owns SERVPRO, answer is Blackstone owns majority, with original Isaacson family retaining minority ownership and involvement. As of 2026, no change in ownership announced, so Blackstone remains owner.
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