Authority Brands acquires Monster Tree Service
COLUMBIA, Md., Sept. 16, 2020 / PRNewswire / – Authority Brands, LLC today announced the purchase of Monster Tree Service. The terms of the transaction were not disclosed. The acquisition marks the sixth brand expansion for Authority Brands since then October 2018Monster Tree Service represents the company’s eighth brand in its home service portfolio.
Monster Tree Service was founded in 2008 and is the leading tree care company in the United States. It is the only franchise that has certified tree care teams nationwide in multiple locations. With more than 200 territories across the country, Monster Tree Service is committed to keeping trees healthy and customers happy. The brand offers a range of effective and environmentally friendly services, including tree removal, pruning and pruning, clearing of land and land, and much more.
Authority Brands companies include the leading home service brands, The Cleaning Authority, Homewatch CareGivers, America’s Swimming Pool Company, Mosquito Squad, Benjamin Franklin Plumbing, Mister Sparky, and One Hour Heating & Air Conditioning, which operate in the home cleaning and home care business . Repair and maintenance of swimming pools, pest control, plumbing, electrical and heating, ventilation and air conditioning (“HVAC”). Authority Brands supports the growth of individual franchisees through strong marketing, technology and operational support.
“Monster Tree Service is a great addition to Authority Brands. As the largest franchise tree service in residential areas in North AmericaThey’re a great addition to our other leading home service brands. We are excited to help them continue their extraordinary growth by leaving all of our marketing, operations and IT resources behind, “he said Rob Weddle, CEO of Authority Brands.
“The acquisition of Monster Tree Service supports our strategy to grow Authority Brands and strengthens its position as the leading provider of franchising for the home service business. We are excited to support the expansion of the Authority Brands network and are confident that that this collaboration will help strengthen their brand portfolio, “said Ashish Karandikar, Partner at Apax Partners.
“We are excited to join Authority Brands as the newest home service company. This is an important step for our brand that will fuel our growth and success as we continue to provide unparalleled service to our customers across the country. We are delighted forward this new company together, “said Scott Hilary, Vice President of Operations at Monster Tree Service.
Boxwood Partners represented Monster Tree Service and acted as financial advisor to the transaction.
About authority brands
Headquarters in Columbia, MarylandAuthority Brands companies include eight leading household service franchisors, America’s Swimming Pool Company, Benjamin Franklin Plumbing, the Cleaning Authority, Homewatch CareGivers, Mister Sparky, Monster Tree Service, Mosquito Squad, and One Hour Heating and Air Conditioning. Together, these brands provide home services in more than 1,875 territories operated by nearly 1,000 franchisees in the United States. Canada, Latin America, Kenya and Indonesia. Authority Brands supports the growth of individual franchisees through strong marketing, technology and operational support. Please visit https://www.theauthoritybrands.com/ for more information.
Nikki rode, Fish advice | +1 954-893-9150 | [email protected]
Patrick Galleher, Boxwood partner | +1 804-399-5085 | [email protected]
SOURCE Authority Brands, LLC