Through Centex, O2 Acquires One Way for Growth

TOMBALL, Texas -- Centex Construction, a provider of renovation, restoration, and maintenance services for the multi-family facility market, has partnered with One Way Property Restoration to support its growth plan.

Founded in 2001 by Jason Dupuis and later joined by Joshua Rafter, One Way is an established provider of 24/7 emergency mitigation and restoration services for water and fire damage, mold remediation, reconstruction, and carpet cleaning services primarily serving the multi-family and commercial end markets.

One Way is based in Tampa, Florida, and maintains additional locations in Washington, Michigan, Indiana, and Maryland.

Centex is owned by O2 Investment Partners, a Midwest based private equity firm.

“Partnering with Centex and O2 is a tremendous opportunity to accelerate the future growth of both businesses,” said Dupuis, president of One Way now.

Mark Whitehead, president of Centex, said “We are excited to partner with One Way. “Jason and Joshua have built an outstanding business with a diversified customer base, unique service offering, and geographic presence that aligns well with and broadens the platform’s footprint. We look forward to providing resources and infrastructure to support One Way’s continued success.”

“One Way has an additional suite of services that we can deliver to our customers through Centex’s renovation and maintenance capabilities, while Centex gains additional restoration capacity and access to four new geographic markets,” said Dupuis. “Centex is an outstanding fit for our company, and we are thrilled to partner with Mark and his team as we embark on this next chapter.”

Charlie Miller at O2 said, “We are excited to work alongside Jason, Joshua, and the One Way team. Their expertise, capabilities, and entrenched customer relationships are accretive to Centex, and strengthen the platform’s emergency mitigation and restoration service mix. This partnership expands our total addressable market, creates significant cross-selling opportunities, and enhances our position as a leader in the multi-family services sector.”

Headquartered in Tomball, TX and founded in 2016, Centex Construction is a leading provider of renovation, restoration, and maintenance services for existing, largescale multi-family property managers and owners. The Company’s operations span eight states across the Southeast and Southwest United States.

Additional information is available at www.centexconstruction.com or www.o2investment.com.