Restoration companies continue their expansion in Colorado with the acquisition of Prime Time Roofing
SCOTTSDALE, Ariz., November 21, 2019 / PRNewswire / – Restoration Builders, Inc. (“Restoration Builders” or “The Company”) today announced another asset purchase agreement, this time closing the acquisition of Prime Time Roofing, LLC (“Prime Time”), based in Parker, CO.
Restoration Builders was founded in 2017 with the intention of creating a network of licensed contractors and other industry-related companies strategically located in and within the United States. When fully set up, the Restoration Builders network will encompass a global infrastructure that includes teams, offices and equipment, trucks and other resources. The company hopes to capitalize on the insurance restoration industry valued at over $ 210 billion and estimates that its fast-growing network will exceed record levels $ 100 million in sales for 2019.
Founder of Prime Time Roofing Joe Massarotti likes to say that he has not found a roof. Roofing found him. While he was coaching his daughter’s soccer team, the GM at a roofing company got him scouted. A hail storm had just come through the area and there was a lot of work to do. He was asked to help. Joe quickly found that he enjoyed talking to homeowners, and his kitchen table discussions often revolved around their children, families, and their lives. He soon found that he could have a positive impact on families by helping them manage the claims process and provide quality services.
In 2013, Joe founded Prime Time Roofing with the aim of bringing professionalism to the industry and security to homeowners. During his many years in the construction business, Joe had found the industry to be poorly managed. He was disappointed with the clear lack of business ethics. With Prime Time, he was determined to change that. It is important for him to be proud to meet customers and neighbors in the supermarket.
“I would like to extend a warm welcome to everyone to Prime Time Roofing,” said John Lorenz, Chairman and CEO of Restoration Builders, Inc. “Joe has built a solid company with deep roots in his community and has quadrupled his business in just four instances. His experience with Business processes and exceptional customer service will be invaluable as we move forward. I am very proud of our achievements to date and believe that this team will be a key to our future success. “
Roof repair is a booming sector of the $ 49 billion Roofing industry. It is highly fragmented and consists largely of local, privately owned companies. The majority of roofers are policyholders who want to use their insurance cover for a roof repair or replacement.
About Restoration Builders, Inc.
Restoration Builders is a residential and commercial company that operates within The United States. Their mission is to protect, restore, and build property, empower families, and support the community. They are locally committed and ready to provide large-scale disaster relief. To learn more, please visit the website at www.restorbuilders.com
About Prime Time Roofing, LLC
Prime Time Roofing is an established, trusted and licensed roofing company that provides roofing solutions for larger businesses Denver Area. They offer qualified and experienced roofing experts who use the latest roofing technology. Prime Time is known for its great work ethic, quality materials, affordable prices and great customer service. For more information, please visit: www.primetimeroofing.com
For further information please contact:
Janet Carnell Lorenz
SOURCE Restoration Builders
Comments are closed.