Preferred Repair Network

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Preferred Repair Network - overview

Established

2019

Location

Tampa, FL, US

Primary Industry

Insurance

About

Founded in 2019 and based in Florida, US, Preferred Repair Network, LLC operates as an insurance company that provides claims services solutions to connect carriers with contractors and professionals throughout the entire claims process. In March 2022, Hancock Claims Consultants Holdings, LLC acquired Preferred Repair Network, LLC. The company provides mitigation and restoration services including the general contractor, water mitigation, tarping, board-up, tree removal, and fire and smoke mitigation; content restoration services including textile restoration, art restoration, cabinet repair, content cleaning, and pack-out. The firm offers single trade services including plumbing, roofing, ice dam removal, and painting; and specialty services including leak detection, engineering, additional living management, and ladder assistance.


Preferred Repair Network also offers a claims ecosystem™ that provides customized claim referrals to providers.


Current Investors

Century Equity Partners, Hancock Claims Consultants Holdings, LLC

Primary Industry

Insurance

Sub Industries

Claims Administration & Processing, Application Integration Software, Analytics & Performance Software

Website

www.preferredrepairnetwork.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Preferred Repair Network - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPreferred Repair Network-

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