Restoration Builders Acquires Palazzo Restoration and its Online Roofing Sales Business
SCOTTSDALE, Ariz., September 9, 2021 /PRNewswire/ — In a strategic move to launch its online sales efforts, Restoration Builders, Inc. (“Restoration Builders” or “The Company”) announced today that it has completed an asset purchase agreement to acquire Palazzo Restoration, LLC (“Palazzo Restoration” or “The Company”), headquartered in Carmel, IN.
Tim Remedy founded Palazzo Restoration in 2012 with the intention of building an evolved and streamlined roofing company that offered homeowners a modern approach to roof replacement. Initially, the company focused on guiding homeowners through the insurance claims process to repair or replace their residential roof. After hearing of homeowners calling for a simpler and faster experience, Tim partnered up with some old business associates and started developing a new way to interact with customers. They created a unique process for purchasing a roof, one that could be completed online using a computer and internet service.
Palazzo Roofing abandoned the traditional in-home sales model typically used in the roofing replacement industry and began providing an online sales experience exclusively. The company has successfully negotiated sales contracts for hundreds of roof replacement jobs over the past three years using web-based consulting and design.
“The online consultation takes about 30 minutes,” said Tim Remedy, president of Palazzo Roofing. “Our roofers meet the homeowner online, assess job requirements using advanced imaging software, and guide the homeowner through our selections of quality roofing materials. When the homeowner is happy with the design, we fill out the required documents, take payment and plan the installation date. Everything online. The materials and a production crew show up to install a durable and beautiful new roof. Our customers really appreciate how fast, easy and convenient the whole process is.”
Restoration Builders plans to expand the online sales experience to other geographies starting in Q4 2021. The company currently operates in 22 states.
“I am really pleased to welcome the Palazzo Restoration group to our team,” said John Lorenzo, chairman and general manager. “Tim is an innovator in the truest sense of the word, with a deep background in both sales management and technology development within the insurance industry. He will be a tremendous asset to Restoration Builder’s customer-centric growth initiatives and our mission to transform the way homeowners buy a roof.”
Restoration Builders, Inc. was founded in 2017 and is now the premier exterior building materials company providing roofing, siding, windows and gutters to residential and commercial customers in 32 states. Restoration Builders is and continues to disrupt, innovate and transform the sector. Restoration Builders brings you and your family ‘The Smart Healthy Home’.
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