Scottsdale, Arizona –August 12, 2021– Restoration Builders, Inc. (“Restoration Builders” or “The Company”) has today announced its official acquisition of Jagg, LLC (“Jagg”), headquartered in Clayton, IN.
Established in 2017 in response to the explosive growth of the $210B+ insurance restoration industry, Restoration Builders has been focused on developing a nationwide network of licensed contractors and other industry-related companies. The US-based Company is building a strategic infrastructure of teams, offices, equipment, trucks, and other resources. Early revenue projection for 2020 is anticipated to exceed $100 Million.
“I would like to extend a very warm welcome to the entire team at Jagg Premium Roofing Systems.” stated John Lorenz, Chairman and CEO of Restoration Builders, Inc. “Cody Kline has built a group of exceptional roofing technicians who focus on the craft of metal roofing fabrication and installation. We look forward to expanding our services to include metal roofs.”
Of the $49 Billion roofing contractors’ industry, roof repair remains one of the fastest growing sectors. Until relatively recently, however, the highly fragmented industry segment has been comprised primarily of local, privately held companies, with most customers being insurance policyholders.