Restoration Builders Further Expands with Acquisition of Aspenmark Roofing & Solar Inc.
SCOTTSDALE, Ariz. — Restoration Builders Inc. announced it has completed the asset purchase of Aspenmark Roofing & Solar Inc. headquartered in Dallas.
Restoration Builders was founded in 2017 with the goal of developing a network of licensed contractors and other industry-related organizations geographically disbursed throughout the United States. The company is building a nationwide infrastructure of teams, offices, trucks, equipment and other resources that will operate in tandem to capitalize on the explosive growth of the $210 billion-plus insurance restoration industry.
Aspenmark Roofing CEO Chris Zazo started in the roofing industry when visiting a former employee who had relocated to Florida to begin roof rebuilds following a major hurricane. This friend had more work than his staff could handle, so he gave Zazo a stack of customer leads and asked him to help out by going and talking to the homeowners.
Zazo then spent a year helping rebuild New Orleans following Hurricane Katrina. Zazo decided he could help more people by opening his own roofing company. In 2005, Zazo cashed out his 401K and launched Aspenmark Roofing out of his kitchen.
Aspenmark has since grown to 19 employees and is now housed in a 12,000 square-foot office. In 2014, Zazo founded Roof Angels, a charity operating in partnership with Dallas Habitat for Humanity to provide assistance to families who cannot afford the cost of roof repair or replacement.
“I am honored to welcome Aspenmark Roofing & Solar to our growing team. Chris is an industry pioneer who brings a wealth of knowledge and experience to our group,” said John Lorenz, chairman and CEO of Restoration Builders Inc. “He has developed a well-seasoned, synergistic team of highly skilled technicians who are well-respected in the industry. I know they will make a great addition to the Restoration Builders network.”
Restoration Builders has acquired 15 privately held businesses with projected revenues of over $100 million in 2019. Prior to Aspenmark, the company’s most recent acquisition was AVCO Roofing in Tyler, Texas.