Solvane Group and EagleView Co-Founder David Carlson Acquire Evolve Restoration Platform in $50 Million Strategic Transaction; Form Dallas-Headquartered National Property Restoration Group
Solvane Group and EagleView Co-Founder David Carlson Acquire Evolve Restoration Platform in $50 Million Strategic Transaction; Form Dallas-Headquartered National Property Restoration Group
Acquisition follows Solvane Group’s earlier roll-up of Restore Medics USA and establishes a diversified, technology-enabled national platform operating across storm damage restoration, roofing, fire, smoke, water, and mold remediation in 35+ markets. Company will relocate its national headquarters to Dallas as part of a long-term operational and capital deployment strategy.
LOS ANGELES & DALLAS--(BUSINESS WIRE)--Solvane Group, in partnership with David Carlson, co-founder of EagleView Technologies and a recognized operator and investor across the insurance restoration sector, today announced the completed asset acquisition of the Evolve Restoration platform through Evolve Restoration, LLC. The transaction, valued at $50 million, anchors the next phase of Solvane Group’s national property restoration consolidation strategy.
The acquisition follows Solvane Group’s prior roll-up of Restore Medics USA and combines two complementary capability sets — storm damage restoration and roofing alongside fire, smoke, water, and mold remediation — under a single, unified national platform.
The property restoration sector is one of the largest and most fragmented service categories in North America, defined historically by regional operators, inconsistent execution standards, and limited investment in operating infrastructure. Solvane Group’s thesis — consistent with consolidation strategies that have reshaped adjacent service categories — is to assemble a national platform with the systems, capital, and field discipline to set a new operating standard for the industry.
The Evolve Restoration platform brings to the transaction a national operating footprint of 35+ markets across the United States, Canada, and Australia, more than 7,500 completed projects, and over $160 million in cumulative platform revenue. Its proprietary Market Partner model — a structured framework for scaling residential and commercial restoration services through aligned local operators — will continue uninterrupted under the new ownership and represents a core platform asset going forward.
Carlson, a U.S. military veteran and serial entrepreneur, is widely recognized as one of the architects of the modern insurance restoration technology stack. As co-founder of EagleView Technologies, he helped establish aerial roof measurement as an industry standard before EagleView was acquired by Vista Equity Partners in a transaction valued at over $750 million. He has since deployed his operating and investment focus across the broader property services sector.
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“The property restoration industry is one of the largest and most fragmented sectors in North America, and it has been underinvested in operational infrastructure, technology, and disciplined execution for decades. We see a generational opportunity to build a unified national platform with the systems, capital, and field capability to lead through the next decade. The Evolve Restoration platform — combined with Restore Medics — gives us the geographic reach, vertical breadth, and proven unit economics to accelerate that vision.” |
— David Carlson, Co-Founder, EagleView Technologies |
The new national headquarters in Dallas, Texas, places the platform at the operational center of the U.S. storm corridor, with proximate access to the Gulf Coast, Southeast, and Central United States — regions that account for a disproportionate share of insurable weather events annually. Dallas also provides operational scale advantages, a deep field-services and construction talent base, and a regulatory environment well-suited to national restoration operators.
Beyond geographic positioning, the new ownership intends to accelerate investment across three priority areas: integrated operating technology and data systems deployed to the field workforce; standardized estimating, scoping, and project management infrastructure across markets; and continued strategic acquisition of high-quality regional operators that meet the platform’s underwriting and integration standards. A new unified brand identity for the combined platform is expected to be introduced in the coming weeks.
The transaction closed this week. Terms beyond the headline purchase price were not disclosed.
ABOUT SOLVANE GROUP
Solvane Group is a national property restoration platform focused on the strategic acquisition, integration, and operational scaling of category-leading restoration and construction businesses across North America. The Group’s portfolio includes Restore Medics USA and the Evolve Restoration platform, collectively serving residential and commercial clients across storm damage restoration, roofing, fire, smoke, water, and mold remediation in 35+ markets across the United States, Canada, and Australia. The Group is headquartered in Dallas, Texas, and is positioning its platform for continued growth through both organic expansion and disciplined acquisition.
ABOUT THE EVOLVE RESTORATION PLATFORM
The Evolve Restoration platform is a national operator in storm damage restoration and roofing services. With 7,500+ completed projects, $160M+ in cumulative platform revenue, and operations across 35+ markets in the United States, Canada, and Australia, the platform serves residential and commercial clients through its proprietary Market Partner model. The platform is currently transitioning under new ownership and will announce its new brand identity in the coming weeks.
ABOUT DAVID CARLSON
David Carlson is a U.S. military veteran, serial entrepreneur, and longtime operator and investor in the insurance restoration and property services sectors. He is the co-founder of EagleView Technologies, which established aerial roof measurement as the industry standard before its acquisition by Vista Equity Partners in a transaction valued at over $750 million. Carlson remains actively involved as an operator and investor in the combined Solvane Group restoration platform.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements regarding future operations, growth strategy, brand identity, headquarters relocation, and acquisition plans. Such statements reflect current expectations and are subject to risks, uncertainties, and changes in market conditions. Actual results may differ materially. No statement in this release constitutes an offer to sell, or a solicitation of an offer to buy, any security.
Contacts
MEDIA CONTACT
Begimai Attokurova
Solvane Group / Evolve Restoration
Begi@EvolveConstruction.com | EvolveConstruction.com
