M&A Deal Summary

Empower Brands Acquires Outdoor Living Brands

On September 15, 2021, Empower Brands acquired franchising company Outdoor Living Brands

Acquisition Highlights
  • This is Empower Brands’ 2nd transaction in the Franchising sector.
  • This is Empower Brands’ 4th transaction in the United States.
  • This is Empower Brands’ 1st transaction in Virginia.

M&A Deal Summary
Date 2021-09-15
Target Outdoor Living Brands
Sector Franchising
Buyer(s) Empower Brands
Deal Type Add-on Acquisition

Target

Outdoor Living Brands

Glen Allen, Virginia, United States
Outdoor Living Brands is the market-leading franchisor of premium residential and commercial outdoor living services with three established national brands including, Archadeck, Outdoor Lighting Perspectives and Conserva Irrigation. The company's core franchise service offerings focus on designing and building outdoor living environments, providing architectural landscape lighting and holiday lighting services, and offering water-efficient irrigation system design, installation, repair and maintenance services. Outdoor Living Brands is based in Glen Allen, Virginia.

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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 4 of 5
Sector (Franchising) 2 of 2
Type (Add-on Acquisition) 4 of 5
State (Virginia) 1 of 1
Country (United States) 4 of 5
Year (2021) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-20 Koala Insulation

Melbourne, Florida, United States

Koala Insulation provides high-quality insulation services. Koala Insulation was founded in 2018 and is based in Melbourne, Florida.

Buy -
Mergr

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