1-800 WATER DAMAGE is owned by BELFOR Franchise Group, which is part of BELFOR Property Restoration, one of largest disaster restoration companies in world. 1-800 WATER DAMAGE was founded in 2007 and began franchising, offering water damage restoration, mold remediation, and related services. In 2020, BELFOR Franchise Group, which is subsidiary of BELFOR, acquired 1-800 WATER DAMAGE to expand its franchise portfolio. BELFOR itself is headquartered in Ann Arbor, Michigan and is owned by American Securities, a private equity firm, and has grown through acquisitions to become global leader in restoration with over 500 offices worldwide. 1-800 WATER DAMAGE operates as franchise system with over 100 franchise locations across United States, each owned by local franchise owners who pay fees to BELFOR Franchise Group and follow corporate standards for training, equipment, and insurance work. It is not independently owned, but part of larger BELFOR network that also owns other brands like DUCTZ and HOODZ. So owner is BELFOR Franchise Group under BELFOR Property Restoration, which is privately owned, not publicly traded, providing water damage services in many states including Seattle.
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