FV Holdings LLC ACQUIRES MADSKY
HUNTER POWELL APPOINTED AS MADSKY’s CEO
ENGLEWOOD, Co., October 16, 2019 – MADSKY, a leading national network of roofing contractors serving the residential and commercial marketplaces, today announced that Hunter Powell takes over as CEO, effective immediately. The move is in conjunction with FV Holdings LLC’s acquisition of a majority stake in MADSKY for an undisclosed sum. The acquisition will infuse new capital into MADSKY, helping recapitalize the firm and give it the investment capital needed to amplify its strategy and execute its growth plans.
“I am excited to join MADSKY as CEO and to become part of the MADSKY family that has built such a powerful platform to help restore what matters most – a sense of peace and comfort at home,” said Powell. “MADSKY is well-positioned to create value for each stakeholder in the insurance restoration market by delivering a suite of services that reduces cycle times and creates positive contractor, carrier and homeowner experiences. As one of the first true insurtech disruptors, I am proud of MADSKY’s tech-enabled, data-driven model that is creating a new-normal for the home restoration process. With so many possibilities for growth, our leadership team will work in concert to meet the ever-changing demands our customers face,” stated Powell.
MADSKY was founded in 2015 with the vision of partnering with insurers, contractors, homeowners and suppliers to reduce cycle times for home exterior repairs and replacements. Leveraging a trusted, vetted network of contractors across the country and a powerful, tech-enabled platform, MADSKY is delivering high quality repairs faster than ever before. Noted as a trailblazing methodology, MADSKY workmanship is backed with industry-leading warranties for repairs and restorations.
About MADSKY
MADSKY provides homeowners and national insurance carriers the largest network of skilled trade professionals across the U.S. to repair roofteriors following a hail or wind event. MADSKY is the trusted, go-to place for managing the entire roof restoration process. MADSKY’s network of more than 6,500 plus skilled roofing contractors, general contractors, independent field adjusters, independent desk adjusters, drone pilots, suppliers, manufacturers and more are responsible for doing the restoration work. Learn more at MADSKYmrp.com.