Petra- and SharpVue-backed Liberty Restoration acquires Midwest ServiceMaster franchisee
- The deal marks Liberty Restoration Group’s second acquisition of 2026, following an April purchase in Columbia, Missouri
- The combined platform now spans eight markets across five Midwest states
- Owner Nick Kellerstrass will remain in place to lead the acquired offices
Petra Capital Partners and SharpVue Capital-backed Liberty Restoration Group, alongside co-investor MBN Brands, has completed its acquisition of ServiceMaster Restoration Services by KRS, adding three offices to its network in Peoria and Bloomington, Illinois, and Milwaukee, Wisconsin. The deal marks Liberty’s second acquisition of 2026, following its April purchase of ServiceMaster of Columbia in Columbia, Missouri.
With the two deals, Liberty’s footprint now spans eight markets across Missouri, Illinois, Wisconsin, Ohio and Kentucky. Liberty operates as a multi-market ServiceMaster Restore franchisee providing 24/7 emergency mitigation, restoration and reconstruction services, including water, fire and smoke, storm and mold damage recovery, for residential and commercial customers.
Liberty was formed in 2025 through an investment in the ServiceMaster Restore system by MBN Brands, Petra Capital Partners and SharpVue Capital. With continued backing from the three firms, Liberty intends to keep pursuing acquisitions to deepen its Midwest presence.
RMP served as legal advisor to MBN Brands, and Smith Anderson served as legal advisor to Petra Capital Partners and SharpVue Capital.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.
