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Announced

Completed

Empower Brands completed the acquisition of Koala Insulation and Wallaby Windows.

Synopsis

Empower Brands, a multi-brand franchisor, completed the acquisition of Koala Insulation, an insulation services provider, and Wallaby Windows, a window installation service. Financial terms were not disclosed. "Since uniting our organizations under the Empower umbrella, we've set out on a mission to expand our portfolio with industry leading brands to better provide for our customers and franchise owners. As successful emerging franchise brands with cultures akin to Empower Brands, Koala Insulation and Wallaby Windows make the perfect addition to our growing family of brands. With a focus on championing the success of our franchisees, Empower Brands will help position Koala Insulation and Wallaby Windows for continued rapid growth and strengthen the training and support provided to the franchisees," Scott Zide, Empower Brands CEO.

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