Announced
Completed
Financials
Tags
Private Equity
Completed
Friendly
Private
United States
Waste and Disposal Services
Single Bidder
Acquisition
Majority
waste management
Domestic
Synopsis
Apax-backed Authority Brands, a franchisee growth through providing strong marketing, technology and operational support, completed the acquisition of The Junkluggers, an eco-friendly junk removal franchise. Financial terms were not disclosed. "The Junkluggers is a natural fit to our ever-expanding Authority Brands portfolio of home service brands. As we celebrate Authority Brands' 5th anniversary, we look forward to the coming years of continued growth and success, much of which is made possible by our strategic acquisitions and our partnership with mission-driven brands that align with our core values. We are excited to welcome The Junkluggers to our family of brands and support them as they continue their upward growth trajectory and expand their franchise business," Craig Donaldson, Authority Brands CEO.
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