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By Evelyn M. Rusli and Douglas MacMillan
Home-remodeling site Houzz is in talks with investors to raise a round of funding that would value the company at more than $2 billion, according to people familiar with the deal.
The Palo Alto, Calif., startup has so far raised $150 million but may take on additional funding, said one of these people. Early shareholders in Houzz may also sell some shares in the round, the people familiar with the deal said.
The sizable valuation investors are willing to place on Houzz reflects the sites growing influence in home remodeling, a market the Home Improvement Research Institute predicts will top $300 billion this year.
It also reflects lofty valuations for several consumer Internet companies, despite concerns that these values are higher than business fundamentals warrant. Airbnb, the room-rental marketplace, was recently valued at $10 billion, while Uber, the on-demand car service, has talked to investors eager to value the company at $17 billion, people with knowledge of the matter have said.
A spokeswoman for Houzz declined to comment.
Houzz is part marketplace, part social-network for people interested in home design. Users can share photos of home-improvement projects, trade tips and get recommendations on local contractors.
The site has 16 million monthly visitors--a modest number compared with other Web startups valued at more than $1 billion. But visitors to Houzz are a potentially lucrative group, with 90% owning a home, 74% planning to decorate their homes in the next two years and 9% building a new house, according to the companys website.
Houzz would be worth less than half of Pinterest, the graphical online tool for scrapbooking that is also commonly used to plan home improvements. Pinterest has raised $764 million and was valued at $5 billion in a funding round last month.
Pinterest has more users--55 million in April, according to comScore. But Houzz began generating revenue three years ago, while Pinterest is just starting to sell ads on its site.
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The Wall Street Journal: Home-remodel site Houzz in talks to raise more funding
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Cincinnati (PRWEB) June 02, 2014
Leading exterior building products manufacturer, Ply Gem, has partnered with Marsh Building Products to bring the nations first Ply Gem Designed Exterior Showroom to Cincinnati area builders, remodelers, architects and homeowners. Opening to the public on June 16, the Designed Exterior Showroom offers home exterior design ideas, product solutions and tools to simplify the decision-making process. The showroom is located at Marsh Building Products, 715 E. Kemper Avenue, Loveland, Ohio.
The Designed Exterior by Ply Gem is a complete exterior solution, offering nearly every product needed to finish the home, including windows, siding, stone veneer, railing, trim, accents and more all from a single manufacturer. The new showroom brings the Designed Exterior concept to life, helping builders, remodelers, contractors and homeowners generate ideas, find inspiration and make informed exterior design decisions.
With this new showroom, our vision is to make exterior home design more accessible and fun; we want to help customers visualize all that is possible in achieving a dream home design, said Jerry Blais, senior vice president, marketing, Ply Gem siding group. "Were also making it easy to open up the lines of communication between the professional and homeowner, providing all the tools and products needed to have an informed discussion on creating a stunning home exterior you can take pride in.
Interactive displays throughout the showroom help individuals uncover their personal design style, choose color palettes and explore the possibilities of their homes exterior. Using a touch screen monitor or iPad, customers can view before and after home transformations and learn more about how to coordinate exterior design elements including: siding and window styles, colors, textures, and how the right trim package can take your home from ordinary to extraordinary.
The Designed Exterior Showroom is equipped to move homeowners from inspiration to action. Featured palettes line the walls to show how style preferences and color palettes translate into actual products. Worktables filled with product and color swatches allow customers to visualize color combinations and bring their designs to life. To extend the Designed Exterior Showroom experience past the showroom, customers can visualize their own home virtually and receive color printouts of their home designs and selected products, enabling them to easily work with their builder or contractor to order through Marsh Building Products.
"We are excited to partner with Ply Gem in opening the first Designed Exterior Showroom," said Patrick McNickle, general manager, Marsh Building Products. "The showroom is a unique resource designed to help customers explore their options and find inspiration. And we are here every step of the way to support them."
For builders and contractors interested in touring the showroom, Ply Gem and Marsh will host an open house on Tuesday, June 17 between 11 a.m. and 2 p.m. or 4 p.m. and 6:30 p.m.
An architect open house with AIA certification courses will be held Wednesday, June 18 between 11 a.m. and 2 p.m. or 4 p.m. and 6:30 p.m. (AIA courses to be held noon-1 p.m. and 4-5 p.m.).
To attend either event, RSVP to whatsnew(at)marshbuild(dot)com or 859-442-6848. For general questions on the showroom, call 513-697-7600.
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Home Design Inspiration at Its Finest: Ply Gem Opens Nations First Designed Exterior Showroom in Cincinnati
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Roseburg, OR (PRWEB) June 03, 2014
Romtec, Inc. continues to grow its product offering by now designing, manufacturing, and installing vacation cabins across the country. Romtec is a national market leader in the design and supply of public restrooms and multipurpose park and recreation structures. Now Romtec is also designing and providing vacation cabins as a new addition to its ever expanding product line of public use structures.
Cabins are a natural fit for the design expertise of Romtec. For every building, Romtec considers the particular needs of the project and creates floor plans and engineering documents to meet those needs. On paper Romtec offers four new cabin models, but through its established design-build process, there are limitless possibilities for configuring and constructing cabins for any outdoor venue. This process develops unique buildings and structures that are professionally designed and manufactured.
Each project we do is special, said Mark Sheldon, Vice President of Romtec. Cabins are the perfect product for Romtec because we first work hard to understand what our customers want. Then, Romtec develops each building with unrivaled attention to the details that make each project exceptional.
The cabins will benefit from this same Romtec process. Each cabin is designed as a standard structure. The interior and exterior of a cabin can then be designed with many construction options. These are options such as log siding, stone, shake siding, wood floor, tile, stucco, and more. The same process that has made Romtec successful at supplying restrooms, concession stands, showers, utility buildings, and more can now be used to get cabins.
Over the past few years, Romtec has had success applying its design-build process to a variety of new products. Most recently, the Sidewalk Restroom was developed and offered for the urban restroom market. Prior to that, hand-crafted log pavilions and kiosks were launched as new Romtec products. These all were very successful. The new cabins continue this pattern of product development that continues to help Romtec grow and develop more relationships with parks and communities across country.
Romtec, Inc. is a national designer, manufacturer, and supplier of pre-engineered restroom buildings, recreation structures, and other park utility structures. Romtec provides turnkey installation. Romtec, Inc. is a privately owned company founded in 1977. Romtec, Inc. is located at 18240 North Bank Rd. in Roseburg, Oregon. Romtec can be reached at 541-496-3541 or by visiting http://www.romtec.com.
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Romtec Continues Product Expansion with New Cabins
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1990 L8000 14 #39; Dump/Scissor Lift Roofing Truck
Spring Suspension, 222" Wheel Base, 28200 GVWR, Air Brakes, Front Aluminum Wheels, Steel Fuel Tank, 11R22.5 Tires, 50 gallon fuel tank capacity, AM/FM, 14 #39; ...
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1990 L8000 14' Dump/Scissor Lift Roofing Truck - Video
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Residential Flat Roof Pigeon Lake AB|(780) 800-7295|Flat Roofing Consultants Edmonton
http://edmontonflatroofer.com/ (780) 800-7295 Edmonton Flat Roofer - Give us a call to find out the cost for flat roof replacement. Residential or smaller Co...
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Residential Flat Roof Pigeon Lake AB|(780) 800-7295|Flat Roofing Consultants Edmonton - Video
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Lowrey #39;s Roofing video testimonial
Lowrey #39;s Roofing is one of the oldest Ottawa roofing companies. They have been providing roof repairs and re roofing in the Ottawa area since 1935. Lowrey #39;s has achieved Shingle Master status...
By: ricksgan
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Lowrey's Roofing video testimonial - Video
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Denton Roof Repair | 972-460-9260 | Roofing Shingle Replacement Little Elm TX
http://www.stamperroofing.com/ Hi, welcome to Stamper Roofing and Construction, my name is John Stamper one of the owners. I would like to walk you through our process a little bit. We are...
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Denton Roof Repair | 972-460-9260 | Roofing Shingle Replacement Little Elm TX - Video
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Madison, IN (PRWEB) June 03, 2014
Exterior Pro, Inc. announces that they have noticed an uptick in business, due to the extreme weather conditions that the area has been experiencing in recent months.
One of their larger projects was just completed for a shopping center in Vevay, Indiana. A flat roof was having some trouble with leaking and the roofing system was coming apart in many areas. A new Duro-Last roof has been installed, giving the roof a whole new look, and correcting the issues that they were having previously. In addition, there was no disruption to business during the installation, and it comes with a 15-year warranty, so they will be worry-free for years to come.
DPI Printing has also used Exterior Pro, Inc. After months of ice buildup and then a thaw, they were experiencing leaks and damage to their 7,100 sq. ft. roof. Their new Duro-Last roof was installed this month, and they are very happy with the results.
Sherwin-Williams contacted Exterior Pro, Inc. because their ceiling had caved in and water was dripping on their inventory. Their new Duro-Last roof should keep their store dry for the next 15-25 years, without worry!
Duro-Last is a custom-fabricated, single-ply roofing system, ideal for any flat or low-sloped application. It is extremely durable and easily installed without disrupting building operations. Its built to last: its watertight, resistant to chemicals, fire, and high winds, and it equates to an 80%-85% reduction in field seams. At only a pound per square, the Duro-Last single ply roofing membrane was engineered to lay over many other commercial roofing systems, such as EPDM rubber roofing, and metal roofs.
We are excited about finishing these projects, states a spokesperson Exterior Pro, Inc. We know we provide our clients with a product that will last them many, many years to come, and thats something that we feel great about.
If you are looking for help from a Columbus, Indiana roofing contractor, Lawrenceburg, Indiana roofing contractor, North Vernon, Indiana roofing contractor or a Jeffersonville, Indiana roofing contractor then you have found the right company. Interested in a new roof or roof repairs for a commercial or residential space? For more information on Exterior Pro, Inc., please visit http://www.exteriorproinc.com/.
About Exterior Pro, Inc.:
At Exterior Pro, Inc. in Madison, Indiana, we have created a professional, productive environment in which you can easily discuss your roofing project. Our clients value the professional setting our contractors provide for them. Exterior Pro, Inc. provides clients professional roofing contractors with a passion to make things work every time. They regularly visit job locations in order to better accommodate clients and address their future project(s). To find out more about our services, contact Exterior Pro, Inc. today to discuss your next project.
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Madison Indiana, Roofing Contractor Exterior Pro, Inc. Has Recently Completed Several Jobs, Driven by Bad Spring Weather
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Bid solicitation for the pending half-roof replacement at Hamilton Elementary School will have to be advertised for a second time.
At the May 19 Glen Rock Board of Education meeting, trustees unanimously approved a resolution rejecting the single bid for the project received on May 15, because the price quote was "substantially in excess" of the cost estimate prepared by district consulting architect Tony Catania, of Spiezle Architectural Group.
The same resolution authorizes Business Administrator Michael Rinderknecht to re-advertise the project, as "consistent with the needs and desires of the school district."
The estimated $225,000 roof project is budgeted in the district's $1.7 million capital improvement plan for the 2014-15 school year, approved on May 5. Officials did not disclose the amount of the single bid received.
Other capital projects include drainage remediation at the high school's Little Theatre and courtyard area, expansion of the athletic field house garage, and a proposed playing field improvement project at Coleman School - either a turf field installation now under consideration, or a standalone natural grass upgrade budgeted at $427,800 (see related story on this page.)
Capital spending will also provide $130,687 in additional school security enhancements, up from last year's $82,500 in security investments. Additions will include $188,000 to add "mantraps" - entry vestibules where those entering school buildings would have to be buzzed in by security personnel - in all district facilities.
The district will also upgrade 60 interior security cameras at the high school ($111,789), add new cameras there ($20,000) and install exterior surveillance cameras at the Central, Hamilton and Coleman elementary schools. New cameras are already in place at Byrd School, due to ongoing vandalism there that increased last summer.
In separate May 19 resolutions, trustees also renewed the Spiezle firm as district architect for the new school term, at the hourly rates of $155 and $175 respectively for the services of the company president/CEO and principal/vice president. The contract for Lerch, Vinci & Higgins as district auditor, at a rate not to exceed $29,900 for the year except as specifically approved under contracted billing rates, was also approved.
The board also reappointed Rinderknecht as board secretary, and to aligned responsibilities as the district's authorized purchasing agent, public agency compliance officer and custodian of government records.
E-mail: desanta@northjersey.com
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Bid for roof replacement at Glen Rock school is higher than anticipated
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Auto glass repair window replacement windshield replacement
New England Mobile Auto Glass offers quality auto glass repair and windshield replacement for customers in MA and RI. With over 17 years in the business, and...
By: Peter Ruzzano
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Auto glass repair window replacement windshield replacement - Video
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