M&A Deal Summary

Empower Brands Acquires Intelligent Office

On February 6, 2019, Empower Brands acquired real estate company Intelligent Office

Acquisition Highlights
  • This is Empower Brands’ 1st transaction in the Real Estate sector.
  • This is Empower Brands’ 2nd transaction in the United States.
  • This is Empower Brands’ 1st transaction in Colorado.

M&A Deal Summary
Date 2019-02-06
Target Intelligent Office
Sector Real Estate
Buyer(s) Empower Brands
Deal Type Add-on Acquisition

Target

Intelligent Office

Denver, Colorado, United States
Intelligent Office provides customized business solutions, reception services, and prestigious offices and conference space to hundreds of local, national and international businesses.

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Buyer(S) 1

Buyer

Empower Brands

Glen Allen, Virginia, United States
Category Company
Founded 1991
Sector Franchising
DESCRIPTION

Empower Brands is a multi-brand franchise platform focused on commercial and residential services with core offerings including cleaning, restoration, virtual office services, outdoor living space construction, outdoor lighting, and irrigation services. Empower Brands was founded in 1991 and is based in Glen Allen, Virginia.

DEAL STATS #
Overall 2 of 5
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (Colorado) 1 of 1
Country (United States) 2 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Jan-pro

Alpharetta, Georgia, United States

Jan-pro operates its business in the commercial cleaning franchising industry and licenses its master franchise owners and unit franchisees under the trademark 'JAN-PRO. Jan-pro was founded in 2005 and is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-11 FRSTeam

Hayward, California, United States

FRSTeam Corp. is a restoration of fabrics and electronics, specializing in damage from disasters such as smoke, fire, water, and mold. FRSTeam was founded in 1988 and is based in Hayward, California.

Buy -
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