Company Overview
Signal Restoration Services is a distinguished leader in the property restoration industry, with a history spanning over 50 years. The company specializes in large loss commercial property restoration, operating across North America and the Caribbean. Signal partners with over 500 strategic partners and upholds a remarkable Environmental Health & Safety rating. It serves various sectors, including healthcare, education, government, hospitality, and multi-family housing, with a focus on disaster and emergency restoration. The company is known for its strong financial capabilities and strategic ties with the insurance sector, ensuring high service standards and dedicated customer service.
Mission, Vision, and Values
Signal Restoration Services aspires to be the most trusted and reliable restoration and reconstruction expert, committed to restoring livelihoods. The company's core values are reliability, leadership, compassion, authenticity, and respect, which direct their operations and client relationships.
Services and Industry Coverage
Signal Restoration provides 24/7 emergency services, specializing in water damage mitigation, fire damage restoration, environmental remediation, and power generation. It offers customized disaster response plans, supporting industries to achieve swift and effective recovery. With operations in all 50 states, Canada, and the Caribbean, Signal is equipped to manage substantial restoration efforts.
Leadership Team
- Mark W. Davis: Co-CEO of Signal Restoration Services. He has led the growth and strategic direction since acquiring the company in 2012 and later expanding its scope with the acquisition of PuroClean.
- Frank Torre: Co-CEO of Signal Restoration Services and Vice Chairman of PuroClean. Torre brings vast experience in restoration and construction, co-leading strategic initiatives with Davis.
- Lars Luedeman: President and Chief Financial Officer. Based in Detroit, Michigan, Luedeman contributes deep financial management expertise, aligning financial strategies with long-term objectives.
- Ross Kollenberg: Chief Operations Officer, responsible for overseeing day-to-day operations, enhancing operational efficiency and service delivery.
- Travis Harrison: Chief Revenue Officer, driving growth and market presence through strategic revenue initiatives.
- Allen Roney: Executive Vice President – National Team. Roney oversees national large loss projects, leveraging his extensive experience in construction and restoration.
Financial Overview
- Estimated Annual Revenue: $52.6 million
- Revenue per Employee: $319,000
- Total Employees: 165
- Employee Growth: -5% last year
Key Personnel
- Barry Zollman: Chief Relationship Officer
- Carrie Broussard: VP, National Accounts
- Cory Ennen and Anthony Girges: Executive Vice Presidents
- John McKinney: VP Procurement and Logistics, North America
- John Lonergan: Managing Director-Northeast Operations
- Barry Rice: Director Environment Health Safety
- Robert Martens: Corporate Legal Director
Competitor and Industry Analysis
Key Competitors
Signal Restoration Services competes in a vibrant market, with notable competitors including:
- EMCOR Services: Global leader in mechanical and electrical construction services, with $11.1 billion in revenue for 2022.
- BELFOR Property Restoration: The largest global disaster restoration company, headquartered in Birmingham, Michigan.
- Interstate Restoration (now First Onsite): Offers emergency response restoration with a widespread network across North America.
Additional competitors like Paul Davis, Jenkins Restorations, and Multi Drywall and Partition also contribute to the competitive landscape.
Strategic Positioning
Signal Restoration Services positions itself with a commitment to rapid, high-quality service delivery. The company's investments in technology and personnel training ensure they manage extensive restoration projects effectively. Signal's emphasis on maintaining close relationships with clients further enhances its service-oriented approach and solidifies their strategic market position.