Tari Ventures, LLC acquires Saint-Gobain’s shares in Home Repair Network Limited UK

London, UK – December 3, 2018 – Tari Ventures, LLC, a venture capital firm based in USA focused on investing in emerging companies, acquires Saint-Gobain’s shares in Home Repair Network Limited UK. Home Repair Network Limited is a rapidly growing, independent Contractor Manager for the UK Property damage industry which manages property damage claims for a number of the UK’s leading Insurance Companies using locally based specialty Building Trade Contractors.

“It is exciting to partner with Home Repair Network, a dynamic and innovative company, that has enjoyed rapid growth in its business. We are proud to be part of this young dynamic company and look forward to continuing our support by providing software, capital, resources and expertise” commented Tolga Tari, Managing Director of Tari Ventures, LLC.

“We are delighted to welcome Tari Ventures for the next stage in the development of our company. This investment will bring exceptional benefits for Home Repair Network Limited, both in terms of financial capital to accelerate our business growth and experience in designing and developing market leading Property Claims management platforms for the Insurance Industry. This is a very exciting time for us and we look forward to further expansion of our innovative claims handling solutions,” commented Ian Hogarth, Managing Director of Home Repair Network Limited.

“Saint Gobain’s strategic priority is to focus on its core competencies. As such we are pleased to support this acquisition that will allow us to intensify our focus on our core businesses in the UK. We believe that HRNL has a great business model and we wish them every success in the future within their new ownership structure.”, commented David Kilby, Saint Gobain Regional Managing Director UK & Ireland; Nordics & Baltics.

Home Repair Network Limited will be led by the existing management team, including Ian Hogarth as Managing Director and Alan Horton as Chairman, both experienced individuals within the Property claims industry, previously serving various companies such as Evander Group, LAS Claims Management, and Innovation Property.

About Tari Ventures, LLC

Tari Ventures, LLC, a venture capital firm based in the USA, invests in emerging companies that have created unique solutions in the marketplace. By providing software, capital, resources and expertise, Tari Ventures help companies grow exponentially to become market leaders.

About Home Repair Network Limited

Home Repair Network Limited is an independent Contractor Manager for the UK Property damage industry. The business manages individual networks of approved local Tradespersons and Building Contractors to provide simple ‘hassle free’ services for UK Insurance Companies and Home Owners to manage less complex building damage claims.

For more information on Home Repair Network Limited, visit www.hrnl.co.uk

About Saint Gobain

Saint Gobain was founded in 1665 to deliver a world first – the production of glass on an industrial scale. It is present in 68 countries and employs over 180,000 people worldwide, including over 17,000 in the UK & Ireland. Saint-Gobain in the UK and Ireland includes some of the best-known and respected companies in the construction sector including: British Gypsum, Jewson, Graham, Weber, Isover, Celotex, Saint-Gobain PAM, and Ecophon. Together they offer a range of high-performance energy-saving products and solutions to help create great living places and improve daily life.

For more information on Saint Gobain in the UK, visit www.saint-gobain.co.uk