ResiPro now No. 3 largest remodeler in the U.S.; rises on QR Top 500 List
Aug 21, 2019, 11:42 ET
ATLANTA, Aug. 21, 2019 /PRNewswire/ -- ResiPro is now the third largest remodeler in the United States, according to Qualified Remodeler, the nation's premier publication serving remodelers and home improvement companies. The 41st annual QR Top 500 List, published earlier this week, ranked ResiPro as No. 3 due to the company's remodeling gross sales of over $400 million across 34 states and 59 markets.
The ranking is a significant jump from last year, where ResiPro (formerly known as Ameritrust Residential Services) placed No. 12 on the 2018 QR Top 500 List. Tim Wooten, Senior Vice President for Construction, anticipated the rise. “We experienced significant growth during the past year, increasing the volume of properties we remodel across the U.S. by 277 percent and quadrupling our revenue,” he said. “Through this growth, our focus has been on retaining top talent to oversee quality construction projects in the 59 markets we operate. Our goal is to continue this growth through new client acquisition and denser market penetration.”
Since 1978 the QR Top 500 has tracked the industry's largest and most successful companies. In 2019, the Top 500 represented $10 billion in remodeling sales volume on over one million jobs.
"Based on Qualified Remodeler's analysis, the Top 500 firms tend to share several common attributes, including strong revenues, a commitment to customer service, insightful sales techniques and strong customer loyalty," says Qualified Remodeler owner and editorial director, Patrick O'Toole. "These attributes helped put the firms on this list and contribute to their success."
The year 2019 has been an exciting one for ResiPro's parent company, RESICAP. In addition to the 2019 QR Top 500 List ranking, RESICAP was ranked No. 247 on the 2019 Inc. 5000 List, the second time the company has landed on the list. "We've had quite a run these past few years," says Andy Capps, founder and co-CEO, "and seeing what our ResiPro division has accomplished in such a short time is a testament to the hard work and dedication of our team."
Qualified Remodeler's 2019 Top 500 List can be found at https://www.qualifiedremodeler.com/top-500/.
ABOUT RESICAP
RESICAP is the leading vertically integrated solution for institutional owners of single-family residential assets in the United States. Primary services include acquisition and valuation, construction, maintenance, property preservation, leasing, property management, and dispositions. To learn more about RESICAP, visit resicap.com.
SOURCE RESICAP