Restoration Builders acquires Built Strong Exteriors

Restoration Builders acquires Built Strong Exteriors

According to Restoration Builders, the company has been developing a network of U.S.-based licensed contractors and other industry-related companies to capitalize on the $210 billion insurance restoration industry.

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November 26, 2019

Restoration Builders Inc., Phoenix, has announced that it has completed an asset purchase agreement to officially acquire Oakdale, Minnesota-based BuiltStrong Exteriors LLC.

According to Restoration Builders, the company has been developing a network of U.S.-based licensed contractors and other industry-related companies to capitalize on the $210 billion insurance restoration industry—a goal which the acquisition supports.

Built Strong has reported $34 million in revenue during the past three years, according to Restoration Builders.

"I'm thrilled to announce that Built Strong Exteriors is joining us," John Lorenz, chairman and CEO of Restoration Builders Inc., says. "The winter weather in Minnesota can cause immense damage and disruption. The Built Strong team is deeply rooted and well-known within the local community. They are a tight knit group of professionals who know how to overcome adversity through creative problem-solving. I believe they personify our motto of ‘Raising the roof on the American dream' and will be frontrunners in our efforts to elevate and evolve this industry."