Neighborly Franchise Hit Milestone in 2018

Author: BeTheBoss.ca

Date: MAY 9th, 2019

Topic: Franchise News

 

Neighborly, the largest home service franchise organization on the planet hit another achievement in 2018. Back in June, the organization declared the sale of Neighborly by equity firm The Riverside Company to Harvest Partners, LP, another private equity firm. The home service franchisor additionally purchased two new brands, Mosquito Joe and Real Property Management, bringing the quantity of brands under its umbrella to 20. 2018 saw global corporate sales reach $2 billion, and the organization reached just about 3,600 franchise units in a total of 9 countries.

 

Brand President and CEO Mike Bidwell said the organization changed its name from the Dwyer Group after almost 40 years, which mirrors its advancement and development, indented three noteworthy acquisitions and went into another development stage. Bidwell additionally expressed gratitude toward the corporate group and the organization's franchisees for the enormous achievement.

 

Other highlights for 2018 for this growing organization involve activities to respect a veteran with free home fix services, a revamped "one-stop-shop" website for all customers needs, and consideration in numerous industry-perceived rankings, for example, the Franchise 500 from Entrepreneur Magazine, the Best for Vets list from Military Tines, and the Top Franchise Opportunities by Franchise Business Review.

 

Founded in 1981 in Texas as the Dwyer Group, this large home service corporation now known a Neighborly, is aggressively expanding in North America and is offering franchise opportunities with Five Star Painting, Mr. Appliance, Mr. Handyman, The Grounds Guys, Rainbow International among other franchise opportunities.