Dear Readers,
We are pleased to present our latest M&A report on the German market for fire and water damage restoration. The report highlights market and transaction developments in an increasingly relevant segment of construction- and trade-related services with clear structural growth.

Our analysis focuses on the development of market volume, key drivers and challenges, as well as M&A activities in the period from 2021 to 2025. The findings presented in the report are based on comprehensive market analyses, evaluated transaction data, and the in-depth sector expertise of our Business Services team.

The German damage restoration market is characterized in the long term by stable structural drivers. While 2025 was comparatively weak in Germany due to the absence of major extreme weather events, factors such as an aging building stock, rising construction and renovation costs, and increasing damage complexity ensure a solid baseline demand. At the same time, operational requirements are increasing: damage cases are becoming more complex, often spanning multiple trades, and require professional process, documentation, and coordination capabilities.

Against this backdrop, increasing market consolidation can be observed. The still highly fragmented market remains a focus for financial investors, who are building scalable platforms through buy-and-build strategies. At the same time, strategic investors are pursuing targeted acquisitions for regional expansion and to broaden their service portfolios. Size, regional presence, and standardized processes are thus becoming key drivers of success and value.

We would be happy to discuss individual market segments, transactions, or your specific situation with you in more detail.