New residential restoration platform targets national expansion through strategic partnerships
Dallas and Cleveland, November 12, 2025 | Align Collaborate today announced it has co-invested with LP First Capital (“LPFC”) to form Rewind Restoration (“Rewind” or the “Platform”), a residential restoration platform with the goal of building one of the largest residential restoration businesses in the United States. Rewind’s strategy centers on partnering with local leaders, equipping them with resources to scale operations and expand into new markets through strategic acquisitions.
To launch the platform, Rewind completed its inaugural investment in Icon Restoration (“Icon” or the “Company”), a Rochester Hills, Michigan-based provider of comprehensive restoration services focused on residential customers. Icon’s offerings include emergency mitigation, contents management and complete reconstruction and repair services.
The partnership will support both organic growth initiatives and strategic acquisitions, positioning Icon as the cornerstone of Rewind’s broader regional and national expansion strategy.
Track Record in Detroit Market
Founded in 2011, Icon provides emergency mitigation and restoration services to homeowners affected by fire, water, mold and other disaster-related property damage. Built on a strong commitment to customer service and quality, Icon has earned a trusted reputation that has fueled steady growth throughout the greater Detroit metropolitan area. The Company’s 75+ employees helped bring restoration services to 1,000+ homeowners annually, and the team is eager to continue the Company’s recent growth.
Icon is led by founder and CEO Luke Micakovic and COO Samantha LaMacchia, both of whom bring decades of industry experience and a shared passion for expanding Icon’s mission nationwide.
“This partnership marks a major milestone in Icon’s growth story,” said Micakovic. “With the strategic support and resources from our partners, we’re positioned to expand our reach, invest in our people and bring our best-in-class restoration services to even more communities nationwide.”
Strategic Alignment for Growth
“We look forward to partnering with Luke, Samantha and the entire Icon team as they continue to build on their strong foundation,” said Thomas Ince, Managing Partner at LP First Capital. “Icon’s commitment to service and operational excellence aligns perfectly with our investment philosophy, and we’re confident in supporting the Platform’s next phase of growth.”
Grant Kornman, Partner at Align Collaborate, added, “We’re pleased to support LPFC in this investment and believe Icon is well positioned to grow its footprint. At Align Collaborate, we take pride in investing alongside sponsors in a flexible and collaborative way, and we look forward to the expansion opportunities ahead for Rewind.”
Michael Kornman, Partner at Align Collaborate, said, “We’ve known Thomas and his team at LPFC for years. They are talented investors, and we couldn’t be more thrilled to co-invest with them on Rewind.”
Active Acquisition Strategy
Rewind is actively seeking to acquire residential restoration service companies with strategic and cultural alignment across the country. The Platform is targeting established companies with strong reputations in their local markets that provide fire, water and mold restoration services. Rewind is interested in both full-service residential restoration businesses as well as companies that specialize in specific service lines, including mitigation, contents cleaning and storage and reconstruction.
Ideal partners are businesses seeking accelerated growth opportunities, stability and access to the resources needed to scale operations and enter adjacent markets. Rewind provides strategic capital, operational support, technology infrastructure and back-office resources to help partners expand their reach while maintaining the local leadership and customer service excellence that made them successful. The Platform prioritizes companies with a strong commitment to durable customer relationships, sustainable growth and a culture of high employee satisfaction.
About Rewind Restoration
Rewind Restoration is a premier residential restoration platform established to partner with market-leading restoration service providers across the United States. Rewind delivers comprehensive fire, water and mold remediation services with a focus on residential customers. Rewind’s mission is to collaborate with best-in-class operators to set a new standard of excellence for customers, employees and founders alike. For more information, visit rewindrestoration.com.
About LP First
LP First Capital is a private investment firm with experience creating super-regional and national platforms by leveraging its expertise in mergers and acquisitions and operational value creation. Headquartered in Austin, Texas, LPFC specializes in partnering with founder-led and family-owned services businesses in traditionally fragmented industries where there is a clear case for accelerated growth. The firm targets companies with at least $10 million in revenue and $3 million in EBITDA. For more information, visit lpfirst.com.
About Align Collaborate
Align Collaborate is an equity investor that exclusively invests in independent sponsor-led transactions, or alongside lower-middle market sponsors closing a transaction pre-fund or while in between funds. The team’s strategy is purpose-built to support the unique needs of all investors that capitalize their investments on a deal-by-deal basis by moving quickly and providing value beyond capital. Align Collaborate is an affiliate of Align Capital Partners (“ACP”). ACP is a lower-middle market private equity firm, and, together with Align Collaborate, manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. For more information, visit aligncollaborate.com.
Disclosures: This press release is not an offer to sell securities or interests in any fund managed by Align Collaborate or ACP. The statements quoted above were made by persons who are not clients of Align Collaborate or ACP and they have not received compensation for the above statements.