home services franchisor

27 10, 2020

Neighborly® Announces Plans to Open Second Headquarters in Irving, Texas

2020-10-27T11:28:31-04:00October 27th, 2020|Tags: , , , , |

Global franchisor selects site to expand staff and support its rapidly growing network.

WACO, Texas — Neighborly®, the world’s largest franchisor of home service brands, today announced plans to open a second headquarters office in Irving, Texas.

The new office, which is slated to open in April 2021, will occupy 34,000 square-feet of the 500 E. John Carpenter Freeway office building located in the central, upscale Las Colinas/Irving submarket. Neighborly plans to move five out-of-state brands: Mr. Handyman, Molly Maid, Dryer Vent Wizard, Window Genie and Real Property Management, as well as expand its IT and Digital Marketing teams, to the new location.

“We’ve been looking for some time now for the right opportunity to open a new Neighborly hub in the North Texas area that is perfectly suited for the continued growth of our worldwide business,” said Mike Bidwell, President and CEO of Neighborly. “The City of Irving has already welcomed us with open arms, and we are excited that we will soon be able to call this community our second home.”

Neighborly will continue to maintain its Waco Headquarters office with this second headquarters giving Neighborly access to more franchise resources and a centrally located hub for national and international travel, both of which are especially attractive benefits to the global franchisor.

Irving’s connectivity and accessibility to world-class talent make our community a top contender for business and were key factors in Neighborly’s real estate decision,” said Beth Bowman, President & CEO of the Greater Irving-Las Colinas Chamber of Commerce and the Irving Economic Development Partnership. “For this highly-reputable company to select our community as a headquarters site not only means quality job opportunities for our residents but it also is a further testament to the business-friendly environment Irving-Las Colinas offers. The Partnership is proud to welcome Neighborly and we look forward to engaging and integrating their workforce into the community.”

Following its 2021 opening, Neighborly plans for the new office to be occupied by at least 60 associates come December 2022. By the close of 2026, Neighborly projects that this new office will be home to more than 200 full-time associates, including both existing and entirely new positions.

“On behalf of the City of Irving, we are excited to welcome Neighborly and its nationally-recognized home service brands to our community,” said Mayor Rick Stopfer. “I am certain its workforce and executives will find our vibrant and dynamic city to be a premier business destination with quality amenities, diverse assets and a sophisticated pool of employee talent. I look forward to personally welcoming Neighborly to Irving-Las Colinas.”

For more information about Neighborly’s service brands visit www.neighborlybrands.com.

About Neighborly®

Neighborly® is the world’s largest home services franchisor of 27 brands and more than 4,300 franchises collectively serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 18 service categories at Neighborly.com in the United States and Neighbourly.ca in Canada. More information about Neighborly/Neighbourly, and its franchise concepts, is available at https://www.neighborlybrands.com/. To learn about franchising opportunities with Neighborly®, click here.

6 10, 2020

Neighborly® Acquires ShelfGenie

2020-10-06T11:22:48-04:00October 6th, 2020|Tags: , , , , |

Neighborly’s third acquisition of 2020 grows franchisor to 27 service brands, with more than 4,300 franchises and nearly 1,000 associates across nine countries.

WACO, Texas — Neighborly®, the world’s largest franchisor of home service brands, today announced the acquisition of ShelfGenie, a custom glide-out shelving solutions franchise headquartered in Atlanta, Georgia.

“The acquisition of ShelfGenie – the only nationwide franchise known for designing, building and installing custom pull-out shelving solutions into existing cabinets – furthers our strategy to ‘Own the Home’ through Neighborly’s home services,” said Mike Bidwell, president and CEO of Neighborly. “ShelfGenie’s high-quality service offerings and proven commitment to customer service make it an excellent complement to our existing portfolio of home service brands, providing an ideal opportunity for continued growth of the ShelfGenie franchise network and the Neighborly organization at-large.”

ShelfGenie was founded in 2000 in Richmond, Virginia, under the original name of Shelf Conversions. Since its 2008 rebranding and adoption of the franchise business model, the company has since grown its network to more than 50 franchise locations spanning 275 territories across the United States and Canada.

“As part of our organization’s Noble Purpose, our ShelfGenie franchise owners are committed to turning the frustration and pain points homeowners have throughout their homes into sources of joy and comfort,” said Andy Pittman, President of ShelfGenie. “It is through this dedication to our customers that we are projecting a record year in 2020 despite the challenges of an ongoing pandemic. Joining the Neighborly network will maximize our potential to achieve success in the years to come. I expect great things are in store for our franchise owners and their clients.”

As a result of this acquisition, ShelfGenie will now benefit from new tools for growth and enhanced exposure to Neighborly’s 10 million customers who rely on Neighborly brands for their home service needs.

“Since we began franchising ShelfGenie 12 years ago, our goals have always revolved around franchise profitability and continued growth,” said Barry J. Falcon, Board Chairman and co-founder of ShelfGenie. “Now under the Neighborly umbrella, our opportunity to exceed those goals is better than ever before. Through the continued leadership of Andy Pittman and now Mike Bidwell, the future looks bright for the entire ShelfGenie system.”

Boxwood Partners, a Richmond, Virginia, middle market investment bank, served as sell-side advisor to ShelfGenie for the transaction.

For more information about Neighborly’s service brands visit www.neighborlybrands.com.

About Neighborly®

Neighborly® is the world’s largest home services franchisor of 27 service brands and more than 4,300 franchises serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 18 service categories at Neighborly.com in the United States and Neighbourly.ca in Canada. More information about Neighborly/Neighbourly, and its franchise concepts, is available at www.NeighborlyBrands.com and www.nbly.co.uk.

2 07, 2020

Neighborly® Acquires HouseMaster®

2020-07-02T11:10:34-04:00July 2nd, 2020|Tags: , , , , , , |

Home inspection franchise grows franchisor to 25 brands and more than 4,000 franchise owners under the parent company umbrella.

WACO, TexasNeighborly®, the world’s largest franchisor of home service brands, today announced the acquisition of HouseMaster, a professional home inspection franchise headquartered in Somerville, N.J. The addition becomes the 25th brand under the Neighborly umbrella and officially expands the organization to more than 4,000 franchise owners around the world.

“Our vision is to ‘Own the Home’ and provide the very best services to homeowners, and this now includes HouseMaster’s premier home inspection network with a stellar reputation that more customers can call upon,” said Mike Bidwell, president and CEO of Neighborly. “HouseMaster is a perfect complement to our existing Neighborly brands and presents a tremendous opportunity to grow more franchise locations.”

Founded in 1979 by Ken Austin, HouseMaster became the first home inspection business to franchise and now includes more than 170 franchise owners serving more than 300 franchise territories across the U.S. and Canada. Since the brand’s founding, HouseMaster inspectors have performed more than 3.5 million home inspections.

Now as part of Neighborly, the brand that pioneered the home inspection business will operate alongside Neighborly’s many home service brands that repair, maintain and enhance the home. The combined reach that results from this acquisition will continue to help more than 10 million customers across the Neighborly organization find and utilize the best home service professionals in the world.

“Having grown up in this business, I recognize that joining the larger Neighborly organization marks a historic moment for HouseMaster as a launching point for growth like we’ve never seen before,” said Kathleen Austin Kuhn, president of HouseMaster and a charter member of the American Home Inspection Association (AHIA). “We look forward to expanding our presence, serving more customers by being all things Neighborly to residential and commercial real estate buyers and sellers.”

Deloitte Corporate Finance LLC provided advisory services to Neighborly in connection with this transaction.

For more information about Neighborly’s service brands visit www.neighborlybrands.com.

About Neighborly®

Neighborly® is the world’s largest home services franchisor of 25 brands (including Neighborly umbrella service brand) and more than 4,000 franchise owners serving 10 million customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 15 service categories at www.neighborly.com in the United States and www.neighbourly.ca  in Canada. More information about Neighborly/Neighbourly and its franchise concepts is available at www.NeighborlyBrands.com and www.nbly.co.uk.

25 02, 2020

Neighborly® Acquires Dryer Vent Wizard

2020-02-25T11:19:00-05:00February 25th, 2020|Tags: , , , , , , |

Domestic acquisition expands franchisor to 24 brands, more than 3,900 franchise owners and over 900 associates across nine countries

WACO, Texas — Neighborly®, the world’s largest franchisor of home service brands, today announced the acquisition of Dryer Vent Wizard, a professional dryer vent cleaning services franchisor headquartered in Farmington Hills, Michigan. The addition includes almost 100 Dryer Vent Wizard franchise locations across the U.S. and Canada, bringing Neighborly’s network to more than 3,900 franchisees representing a total of 24 home service brands.

“We kicked off 2020 with a vision to ‘Own the Home’ through Neighborly’s community of home service experts, and welcoming Dryer Vent Wizard to our family of franchise brands marks an exciting milestone in this pursuit,” said Neighborly President and CEO Mike Bidwell. “In the 15 years since its inception, Dryer Vent Wizard’s cleaning, installation, inspection and repair service offerings have earned high customer satisfaction ratings. We see tremendous opportunities to grow the brand to the next level, making this a great partnership for all parties.”

As a result of this acquisition, Dryer Vent Wizard will now benefit from new tools for growth and enhanced exposure to Neighborly’s nine million customers who rely on Neighborly brands for everything from painting to plumbing and nearly everything in between.

“Every day, we look for opportunities to enhance value for our franchisees, our employees and our investors,” said Jason Kapica, President of Dryer Vent Wizard. “We believe that being a part of Neighborly will not only allow us to give back to our investors but will also bring added benefits to our Dryer Vent Wizard associates and franchisees, advancing us into the next growth stage of our business.”

The Dryer Vent Wizard franchise system was founded in 2004 by David Lavalle, who is also the founder of Neighborly’s own Mr. Handyman franchise network.

“As I’ve seen firsthand with Mr. Handyman, Neighborly has a proven track record of helping brands expand their presence to achieve growth goals through franchise development,” said Lavalle. “I’m excited that another brand I started is teaming up with this respected and successful franchisor, and I am eager to see Neighborly’s support help existing Dryer Vent Wizard franchisees realize their same store sales potential moving forward.”

Boxwood Partners acted as financial advisor to Dryer Vent Wizard. For more information about Neighborly’s service brands visit www.neighborlybrands.com.

About Neighborly®

Neighborly® is the world’s largest home services franchisor of 24 service brands and more than 3,900 franchise owners serving 9 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 14 service categories at www.getneighborly.com in the United States and www.getneighbourly.ca in Canada. The company was founded in 1981 as Dwyer Group and is based in Waco, Texas. More information about Neighborly/Neighbourly, and its franchise concepts, is available at www.Neighborlybrands.com.