Dealmakers: Founders Sell $2.1B Home Instead Plus More Bold Deals

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Why Home Instead Founders Sold Out After 27 Years

The Latest M&A Deals

• Bebe Stores to Refranchise 8 Buddy’s Home Furnishings

• Dutch Bros IPO Makes Co-Founder A Billionaire

• PSB Buys The Grout Medic and House Doctors

• Launch Gets Investment From Silver Oak Services Partners

• Threshold Brands Buys Sir Grout

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Two Maids & A Mop Added to Home Franchise Concepts

Home Franchise Concepts added Two Maids & A Mop to its portfolio, the seventh brand under the umbrella for the franchisor well known for its 1,300-unit flagship Budget Blinds. But the company backing these acquisitions since 2019—JM Family Enterprises—is barely known at all outside of the automotive world.

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With Acquisition of Outdoor Living Brands, Lynx Franchising Makes Home Services Play

Lynx Franchising completed the acquisition of Outdoor Living Brands on September 9, marking the brand’s entry into outdoor home services. The strong residential focus of Conserva Irrigation, Outdoor Lighting Perspectives and Archadeck was a key reason behind Lynx’s interest.

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Kidokinetics Attracts Minority Investment From College HUNKS Co-Founders

Kidokinetics—a children’s physical education franchise founded in South Africa in 1996 with 16 franchise territories—has attracted minority investments from the co-founders of College HUNKS Hauling Junk and Moving, Omar Soliman and Nick Friedman.

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Modern Market Eatery Fuels Franchise Launch and Growth of Restaurant Platform
Under the umbrella of Modern Restaurant Concepts, a private equity-owned “better-for-you” restaurant platform, Colorado-based Modern Market Eatery has placed a constant focus on continuous innovation through a unique lens.

FAT Brands Closes $300M Acquisition of Twin Peaks
Plus More Bold Deals

FAT Brands has officially acquired Twin Peaks from Garnett Station Partners in a $300 million deal, bringing FAT’s total to more than 2,100 franchised and corporate-owned stores.

Franchise Group bought Sylvan Learning in an all-cash transaction valued at about $81 million.

Canadian investment firm Launchlife International partnered with global esports technology company Esposure to launch an esports education franchise.

Private equity firm Eagle Merchant Partners completed its acquisition of 345-unit Code Ninjas, marking its entry into the kids’ education space.

Honor Technology closed on $370 million in financing after its recent acquisition of the Home Instead. This round brings Honor’s value to more than $1.25 billion.

Sola Salons bought eight units in the Sacramento market from former franchisee Sola Sacramento and is converting a former Blue Lion Salon Studios location in Denver, bringing its corporate portfolio up to 39 units.

Driven Brands closed an offering by subsidiaries of $450 million in fixed secured notes, priced at 2.8 percent over a seven-year span.

BurgerFi International has signed a definitive agreement to acquire Anthony’s Coal Fired Pizza & Wings for about $161.3 million in stock and assumed debt.

Charlotte Delites sold 11 Dunkin’ restaurants in North Carolina to new franchisee Tasty Delites.

Franchisee Pacific Bells, led by Tom Cook, bought four more Taco Bell restaurants in Mississippi and Arkansas from Woodland Bell.

Eric Carlisle sold seven KFC restaurants in Indiana to existing franchisee KBP Foods.

FGG Spa, the largest franchisee in the Hand & Stone Massage & Facial Spa network, acquired an additional six spas.

Lee Fry Companies—led by Chicago real estate developers Lee and Karin Fry—has acquired an A&W in North Aurora, Illinois from a retiring franchisee.

Why Home Instead Founders Sold Out After 27 Years

The Latest M&A Deals

Gain recognition for brilliant deals in annual Dealmakers awards

Two Maids & A Mop Added to Home Franchise Concepts

With Acquisition of Outdoor Living Brands, Lynx Franchising Makes Home Services Play

Kidokinetics Attracts Minority Investment From College HUNKS Co-Founders

FAT Brands Closes $300M Acquisition of Twin Peaks Plus More Bold Deals

FAT Brands Closes $300M Acquisition of Twin Peaks
Plus More Bold Deals