Revolution Precrafted expands to South America
Revolution Precrafted, a homegrown supplier of prefabricated structures, is making its debut in South America.
The company said it awarded a franchising agreement to Innovation LLC for the supply of mid-priced residential units in Ecuador.
This would be the company’s 11th international market.
“This franchise agreement with Innovation LLC is a strategic move for the company. It allows us to tap into a huge South and Central American land bank. This supports our goal of extending our reach to at least 20 to 25 markets this year,” Robbie Antonio, founder and CEO of Revolution Precrafted, said in a statement.
Under the deal, Revolution Precrafted will supply mid to luxury residential homes and villas to Ecuador, through Innovation LLC.
The latter is finalizing agreements with large real estate developers in Quito, and surrounding cities. The development deals will be announced in the next few weeks, Revolution Precrafted said.
“We want to support the economic development of Ecuador by providing design-driven residential units for the middle-class residents and migrating expat community,” Antonio said.
Revolution Precrafted and Innovation LLC are also looking for possible developments in Guayaquil, one of the biggest cities in Ecuador.
Revolution Precrafted has been on an expansion spree, bagging over $6.63 billion worth of projects over the last six months.