Financial Health

31 03, 2024

Best Life Brands Welcomes Next Day Access to its Portfolio, Offering a New Service Vertical on the Continuum of Care

2024-03-31T15:35:56-04:00March 31st, 2024|Tags: , , |

Leading senior care franchisor expands into accessibility solutions and services sector taking the brand to nearly 700 franchised locations across the U.S. and Canada

TROY, Mich. — Best Life Brands, LLC (“Best Life Brands”), a franchised organization with a portfolio of brands dedicated to senior care, announced today the acquisition of Next Day Access, a leading provider of residential and commercial home access solutions across the United States and Canada. This acquisition marks a significant milestone in Best Life Brands’ commitment to enhancing the quality of life for seniors by offering an entirely new service vertical.

Under the umbrella of Best Life Brands, Next Day Access will continue its mission to provide innovative accessibility solutions, including wheelchair ramps, stairlifts, grab bars and bathroom modifications. With this acquisition, Best Life Brands aims to further strengthen its position as a comprehensive resource for aging adults seeking to maintain independence and improve their quality of life.

“We are thrilled to welcome Next Day Access to the Best Life Brands family as this strategic acquisition aligns perfectly with our vision of empowering aging individuals to live their best lives, regardless of mobility challenges,” said J.J. Sorrenti, CEO of Best Life Brands. “As the population of older adults steadily rises and the desire to age in place remains prevalent, we’re positioned to enhance our ability to provide comprehensive accessibility solutions and support services to individuals and families across the nation and Canada.”

Established in 2010 and franchised in 2012, Next Day Access brings a wealth of expertise and a strong reputation for delivering high-quality accessibility products and services. By combining Next Day Access’ operational excellence with Best Life Brands’ extensive network and resources including the support of Best Life Brands’ private equity owner, The Riverside Company, the companies will be better positioned to serve a broader range of clients and communities.

“We are excited about the opportunities that joining Best Life Brands presents, as together we can leverage our respective strengths to make a positive impact on the lives of even more individuals in need of accessibility solutions,” said Dave Clark, Co-Founder of Next Day Access. “This acquisition represents a significant step forward in our mission to provide reliable, efficient, and compassionate care to those we serve.”

As part of the acquisition, the Next Day Access Brand President position was open and will be filled by franchise veteran, Michele Popelka.

Michele brings more than 25 years’ experience driving sales growth in the franchise industry, backed by her multifaceted expertise in sales, operations, marketing, coaching and advising. With a proven track record of delivering exceptional P&L results through diverse strategies including organic growth, acquisitions and operational streamlining for a variety of franchise brands, Michele’s strategic vision and innovative problem-solving talent will contribute to the continued success and expansion of both companies.

To learn more about Best Life Brands, visit https://www.bestlifebrands.com/.

To learn more about Next Day Access, visit https://www.nextdayaccess.com/.

About Best Life Brands, LLC
Based in Troy, Mich., Best Life Brands, LLC is a holding company that includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation’s largest franchised senior care solutions organization; Blue Moon Estate Sales, the leading estate sale franchise in the U.S., and Boost Home Healthcare, dedicated to providing superior in-home nursing, therapy, and home care services, which together include more than 600 franchise locations across the U.S. and Canada. With a private equity investment from The Riverside Company, Best Life Brands is a platform of award-winning complementary businesses that serve people along the continuum of care.

About Next Day Access
Next Day Access is a local provider for accessibility and mobility solutions for homes and commercial businesses. With franchise locations across the United States and Canada, their goal is to help aging loved ones and people with limited mobility and disabilities live safely, comfortably, and independently in their homes. Learn more by visiting www.nextdayaccess.com.

About The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 1,000 investments. The firm’s international private equity and structured capital portfolios include more than 140 companies.

18 02, 2024

Best Life Brand’s ComForCare and Blue Moon Estate Sales Reach New Heights as Top Franchises in Entrepreneur Magazine’s Highly Competitive Franchise 500®

2024-02-18T17:34:00-05:00February 18th, 2024|Tags: , , , |

ComForCare and Blue Moon Estate Sales scale the list earning higher rankings

TROY, Mich. — Best Life Brands, LLC (“Best Life Brands”), a franchised organization with a portfolio of brands dedicated to senior care, proudly announced today that two of its distinguished brands, ComForCare and Blue Moon Estate Sales, were recognized as two of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking. For 45 years, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees.

The 2024 Franchise 500® ranks each brand based on their outstanding performance in areas including unit growth, financial strength and stability, and brand power. ComForCare, a franchised provider of in-home caregiving services, scaled an impressive 148 spots compared to 2023, earning a ranking of #254. Blue Moon Estate Sales, the leading estate sale franchise in the U.S., came in at #478, highlighting its unwavering commitment to helping the communities they are a part of and providing exceptional opportunities for aspiring small business owners. Both brands achieved higher rankings in 2024 compared to 2023 on the Franchise 500®, showcasing the brands’ commitment to furthering franchise growth and development.

“ComForCare and Blue Moon Estate Sales’ unwavering commitment to excellence is the reason both of these brands achieved esteemed recognition from Entrepreneur’s Franchise 500,” said J.J. Sorrenti, CEO of Best Life Brands. “We are proud of the immense growth and success our brands are continuously witnessing in the franchising industry, which further underscores the strength of the business ownership opportunities we provide to aspiring entrepreneurs through our proven franchise model. This acknowledgement inspires all of us, including our world-class franchisees, to keep pushing the boundaries of innovation and reaching new milestones as we anticipate promising opportunities to come.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s ranking formula continues to evolve as well. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is then given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.

“Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people,” says Jason Feifer, editor in chief of Entrepreneur magazine. “Our 45th annual ranking is full of companies with fresh ideas, exciting business models, cultural sway, and the kind of business sophistication that will define the next 45 years and beyond.”

Over its 45 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. To view ComForCare and CarePatrol in the full ranking, visit http://www.entrepreneur.com/franchise500 or pick up a copy of the January/February 2024 issue of Entrepreneur on newsstands now.

To learn more about ComForCare, visit www.comforcare.com/.

To learn more about Blue Moon Estate Sales, visit www.bluemoonestatesales.com/.

To learn more about Best Life Brands, visit https://www.bestlifebrands.com/.

About Best Life Brands, LLC
Based in Troy, Mich., Best Life Brands, LLC is a holding company that includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation’s largest franchised senior care solutions organization; Blue Moon Estate Sales, the leading estate sale franchise in the U.S., and Boost Home Healthcare, dedicated to providing superior in-home nursing, therapy, and home care services, which together include more than 600 franchise locations across the U.S. and Canada. With a private equity investment from The Riverside Company, Best Life Brands is a platform of award-winning complementary businesses that serve people along the continuum of care.

14 11, 2023

Best Life Brands Celebrates Double Triumph with CarePatrol and ComForCare Ranking on 2023 Franchise Times Top 400

2023-11-14T19:25:51-05:00November 14th, 2023|Tags: , , , , |

CarePatrol and ComForCare achieve higher rankings compared to last year’s list

TROY, Mich. — Best Life Brands, LLC (“Best Life Brands”), a franchised organization with a portfolio of brands dedicated to senior care, proudly announced today that two of its distinguished brands, CarePatrol and ComForCare, were named to this year’s Franchise Times Top 400 list.

The Franchise Times Top 400 list is an exclusive annual ranking of the 500 largest U.S.-based franchise systems that considers various factors including system-wide sales, unit count and overall brand influence. This project reflects a rigorous five-month research and reporting initiative, resulting in the most credible and objective franchise ranking to date. Inclusion on this esteemed list signifies not only success but also a profound impact within the franchising community.

“This recognition cements both CarePatrol and ComForCare’s positions as industry leaders, reflecting their commitment to excellence not only in the world of franchising but most importantly their dedication to providing exceptional care to seniors and families in need,” said J.J. Sorrenti, CEO of Best Life Brands. “We are proud of the impact our brands are making in the senior care industry. This accolade not only recognizes our past achievements but also inspires all of us, including our world-class franchisees to continue pursuing innovation and excellence as we look ahead to the promising opportunities to come.”

CarePatrol, the nation’s largest senior care solutions organization, climbed up this year’s ranking by an impressive 33 spots from its position in 2022 earning a spot at 453 and showcasing its dedication to providing seniors and their families with a more convenient and less stressful way to find safer senior living choices. ComForCare, a premier franchised provider of in-home caregiving services, came in at an impressive 225 on the list and scaled 19 spots, highlighting its unwavering commitment to enhancing the quality of life for those it serves.

Additional information on the Top 400 can be found in the October issue of Franchise Times and the full list at https://www.franchisetimes.com/top-400-2023/.

To learn more about CarePatrol, visit www.carepatrol.com/.

To learn more about ComForCare, visit www.comforcare.com/.

To learn more about Best Life Brands, visit https://www.bestlifebrands.com/.

About Best Life Brands, LLC

Based in Troy, Mich., Best Life Brands, LLC is a holding company that includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation’s largest franchised senior care solutions organization; Blue Moon Estate Sales, the leading estate sale franchise in the U.S., and Boost Home Healthcare, dedicated to providing superior in-home nursing, therapy, and home care services, which together include more than 600 franchise locations across the U.S. and Canada. With a private equity investment from The Riverside Company, Best Life Brands is a platform of award-winning complementary businesses that serve people along the continuum of care.

17 10, 2023

Best Life Brands Welcomes Kevin Vesely as Chief Financial Officer

2023-10-17T14:58:41-04:00October 17th, 2023|Tags: , , |

New CFO brings over 15 years of experience in strategic finance, general management and public accounting to the premier franchisor of companies serving people along the continuum of care

TROY, Mich. — Best Life Brands, LLC (“Best Life Brands”), a franchised organization that includes Blue Moon Estate SalesCarePatrolComForCareAt Your Side Home Care and Boost Home Healthcare, announces the appointment of Kevin Vesely as its new Chief Financial Officer. With an impressive track record of financial leadership and strategic accomplishments, Vesely brings a wealth of experience to Best Life Brands.

“We enthusiastically welcome Kevin to the Best Life Brands family to execute our continued success and financial health,” stated J.J. Sorrenti, CEO of Best Life Brands. “His diverse experience, including private equity success and proficiency in process optimization, makes him an ideal fit for this role. Kevin’s insights from healthcare and audiology align perfectly with our mission to improve the lives of seniors and those in need of care, while his finance and administrative expertise enhances our growth capabilities. With Kevin on board, Best Life Brands is well-positioned to carry out its aggressive growth objectives, including international expansion and acquisitions.”

In his previous role as CFO of Alpaca Audiology, Vesely oversaw all financial matters for the global hearing healthcare leader, managing 450+ US clinic locations, notably implementing cost-saving automated processes and developing clinical-level financial statements. During the COVID-19 crisis, he led reopening efforts, policy drafting and PPE procurement. Before Alpaca Audiology, Vesely had a distinguished career at PwC where he oversaw major telecommunications audits, led tech-enabled audit initiatives and provided consultation on methodology topics.

“Best Life Brand’s commitment to enhancing the quality of life for seniors and those in need of care aligns perfectly with my professional experience, especially in healthcare and audiology,” said Vesely. “I am honored to bring my financial leadership skills to contribute to the company’s continued growth and success. Best Life Brand’s dedication to excellence and its aggressive expansion strategy, including international expansion and acquisitions, present exciting opportunities, and I look forward to being a part of this dynamic journey.”

Vesely’s appointment comes at a pivotal time for Best Life Brands as the company continues to focus on strategic growth, exceptional client care and innovation in the home care industry.

To learn more about Best Life Brands, visit https://www.bestlifebrands.com/.

About Best Life Brands, LLC
Based in Troy, Mich., Best Life Brands, LLC is a holding company that includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation’s largest franchised senior care solutions organization; Blue Moon Estate Sales, the leading estate sale franchise in the U.S., and Boost Home Healthcare, dedicated to providing superior in-home nursing, therapy, and home care services, which together include more than 600 franchise locations across the U.S. and Canada. With a private equity investment from The Riverside Company, Best Life Brands is a platform of award-winning complementary businesses that serve people along the continuum of care.