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Restoration Builders Expands to Tennessee with Latest Acquisition of Sky Restoration LLC

Roofing restoration

Restoration Builders Inc. continues to broaden its national footprint with the acquisitions of more than 15 companies, including notable roofing contractors.

July 21, 2020

SCOTTSDALE, Ariz. — Restoration Builders Inc. announced that it has officially acquired Sky Restoration LLC, headquartered in Smyrna, Tenn.

Tony Noel and Scott Willard met in 2012 when Noel stepped down from his position as national sales manager of a construction company and Willard took over the position. The two became fast friends and collaborated together to build a dynamic sales management team. Among the many things they had in common, they shared a passion for helping homeowners — particularly with successfully navigating the insurance claims process.

In 2015, the duo found themselves once again working together — this time at Sky Roofing. Drawing from their combined 40 years of industry experience, the two officially formed a partnership in 2017, taking over the company and transforming it into its current entity, Sky Restoration LLC. Since that time, the partners have built a dedicated team of well-trained technicians, who possess a wealth of knowledge of roofing and insurance, and serve their customers with the utmost professionalism. They hope to continue to build an even better team and serve more customers through their alliance with Restoration Builders.

"I am thrilled to welcome Sky Restoration to our growing team," said John Lorenz, chairman and CEO of Restoration Builders Inc. "Tony and Scott have done a tremendous job building a reputation for impeccable workmanship and, more importantly, always putting their customers first. It's clear that Sky Restoration shares the same core values as us and, as such, I'm confident they will make a wonderful addition to our network."

The insurance restoration industry has experienced explosive growth, topping out at over $210 billion. In response to this growth, Restoration Builders was founded in 2017 with a focus on building a nationwide network of licensed contractors and other industry-related organizations. The U.S.-based company is developing a strategic infrastructure of teams, offices, equipment, trucks and other resources. Revenue for 2020 is projected to exceed $100 million.

At the beginning of the year, Restoration Builders not only expanded its network with the acquisition of Aspenmark Roofing & Solar, but also acquired its Dallas-based nonprofit organization, Roof Angels.

"We believe in doing good work, helping our neighbors and building the communities we operate in," said Lorenz.

KEYWORDS: insurance mergers and acquisitions Restoration Builders Tennessee

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