Franchise Equity Partners Expands Investment with Precision Garage Door Service and Acquires Orlando and Ocala, Florida Markets

New market additions follows significant investment made in franchisee Reliable Residential earlier this year to grow Precision Garage Door Service and other Neighborly brands

NEW YORK, NY // FranchiseMarketingSolutions.com // Jan. 16, 2024 - Franchise Equity Partners (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees and franchisors, today announced the acquisition of Precision Garage Door Service franchise operations in Orlando and Ocala, Florida. The deal is part of FEP's partnership with management of Reliable Residential HoldCo ("Reliable Residential") announced in October of 2023. Reliable Residential is one of the largest Neighborly franchisees, with existing Precision Garage Door Service operations in Clearwater, FL, Columbus, OH and Oklahoma City, OK. This transaction adds the contiguous Orlando and Ocala markets to Reliable Residential's portfolio, showcasing FEP's commitment to investing in operations throug…

Read more about Franchise Equity Partners Expands Investment with Precision Garage Door Service and Acquires Orlando and Ocala, Florida Markets
  • 0