M&A Deal Summary

Belfor Franchise Group Acquires Junkco+

On May 14, 2024, Belfor Franchise Group acquired business services company Junkco+

Acquisition Highlights
  • This is Belfor Franchise Group’s 3rd transaction in the Business Services sector.
  • This is Belfor Franchise Group’s 3rd transaction in the United States.
  • This is Belfor Franchise Group’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2024-05-14
Target Junkco+
Sector Business Services
Buyer(s) Belfor Franchise Group
Deal Type Add-on Acquisition

Target

Junkco+

Louisville, Kentucky, United States
Junkco+ is junk removal and demolition service franchise that delivers a full range of professional residential and commercial junk removal, property cleanout, and demolition services, including furniture and appliance removal, hoarding and estate cleanouts, shed demolition, and more. Junkco+ is based in Louisville, Kentucky.

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Buyer(S) 1

Buyer

Belfor Franchise Group

Ann Arbor, Michigan, United States
Category Company
Founded 2009
Sector Business Services
DESCRIPTION

Belfor Franchise Group is a residential and commercial services franchise group based on geographic footprint and number of units. The company has empowered entrepreneurs by offering training, support, and equipment, proven business models, and ongoing coaching and business development. It is the parent organization for 11 of the strongest service-based franchise opportunities for home and commercial cleaning, renovation, and restoration. The franchise brands include 1-800 WATER DAMAGE, Chem-Dry & Upholstery Cleaning, Delta Restoration Services, DUCTZ International, HOODZ International, N-Hance Wood Refinishing, Blue Kangaroo Packoutz, The Patch Boys, redbox+, WINMAR, and Z PLUMBERZ. Belfor was formed in 2009 and is based in Ann Arbor, Michigan.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Kentucky) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 redbox+

St Charles, Minnesota, United States

Redbox+ is a waste management and rental company that delivers patented, portable dumpsters and toilets to commercial, industrial and residential projects. The company has close to 300 franchises nationwide and thousands of containers being used by roofers, remodelers, home builders, and more who are taking advantage of their unique cost-effective design. Redbox+ was formed in St Charles, Minnesota.

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