Clockwork Goes 2 Authority Brands

Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates (“Clockwork”) from Direct Energy Group, a subsidiary of Centrica plc....

Intelligent Office Sold 2 Incline

Intelligent Office, the leading franchisor of virtual office solutions that provides highly trained administrators, flexible service offerings and executive office suites throughout the United States and Canada, announced its acquisition by Premium Franchise Brands, a...

Starboard Value Takes Over Papa Johns

Starboard Value is making a $200 million investment in the pizza chain. Starboard’s CEO Jeffrey Smith is becoming Papa John’s chairman. That’s a role once occupied by founder John Schnatter, who was forced out in July 2018 after admitting to using a...

Home Franchise Concepts Adds AdvantaClean

Home Franchise Concepts (HFC), the world’s largest franchising system in the home improvement space, has expanded its position as a whole-home solution with the Jan. 1, 2019, acquisition of AdvantaClean, one of the nation’s leading franchised providers of restoration...

The Grout Medic Goes 2 Snowcap

The Snowcap Group has acquired the Texas-based Franchisor, The Grout Medic. Launched in 1997, with franchising beginning in 2001, The Grout Medic is a leading tile and grout home and commercial restoration franchise in America. The Grout Medic uses cutting edge...

Authority Brands Nabs Mosquito Squad

Mosquito Squad, a Henrico County-based pest-control franchising company that has grown to have more than 250 franchisees, has been acquired. Read the full story in the Richmond Times Dispatch. December 13, 2018