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A Nevada-based investment group has purchased DRI, a Denver-based disaster restoration firm that late last year received a shout-out from Dr. Phil.

The price that Jenmar Investment Group, LLC , of Lake Tahoe paid for DRI was not disclosed. DRI has completed more than $60 million in re-construction and restorations during the past 25 years.

“Jenmar could not be more pleased by the acquisition of DRI,” Jenmar spokesman Phillip Knowles, said in a statement released today. “DRI is poised in the marketplace with the best infrastructure and technical expertise to become the dominant company in the Mountain West market. They make a great addition to the Jenmar portfolio.”

DRI specializes in mitigating such disaster damage as water, smoke, fire and mold. Its clients are mostly in Colorado, but DRI has provided disaster services for clients across the nation. While it restores all types of properties, the majority of them have been residential units.

James Spinosa will be the company’s president, according to Jenmar officials, who also said some additional members of DRI’s management team will remain during a short transition period.

Dr. Phil needed a house call

DRI last fall stepped in to help the Dr. Phil show avert a disaster with just hours before filming was set in a Denver home, where he was filming a show. DRI staff successfully mediated a basement flooding and assisted the homeowner in finding a replacement water heater. For its efforts, Dr. Phil acknowledged DRI on-air.

Contact John Rebchook at JRCHOOK@gmail.com

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