M&A Deal Summary

Neighborly Acquires Mosquito Joe Franchising

On August 14, 2018, Neighborly acquired franchising company Mosquito Joe Franchising

Acquisition Highlights
  • This is Neighborly’s 2nd transaction in the Franchising sector.
  • This is Neighborly’s 15th transaction in the United States.
  • This is Neighborly’s 1st transaction in Virginia.

M&A Deal Summary
Date 2018-08-14
Target Mosquito Joe Franchising
Sector Franchising
Buyer(s) Neighborly
Deal Type Add-on Acquisition

Target

Mosquito Joe Franchising

Virginia Beach, Virginia, United States
Mosquito Joe Franchising LLC is a franchisor in the mosquito control services. Mosquito Joe provides mosquito, tick and flea control treatment to residential and commercial customers nationwide. Technicians are trained mosquito control experts dedicated to getting rid of mosquitos so people can enjoy being outside again. Company founded in 2010 and based in Virginia Beach, Virginia.

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Buyer(S) 1

Buyer

Neighborly

Waco, Texas, United States
Category Company
Founded 1981
Sector Franchising
DESCRIPTION
The Dwyer Group's corporate headquarters in Waco, Texas.
The Dwyer Group's corporate headquarters in Waco, Texas.

Neighborly is a home services franchisor of 25 service brands (including Neighborly umbrella service brand) and more than 4,000 franchise owners serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly was founded in 1981 and is based in Waco, Texas.

DEAL STATS #
Overall 20 of 28
Sector (Franchising) 2 of 4
Type (Add-on Acquisition) 20 of 28
State (Virginia) 1 of 1
Country (United States) 15 of 21
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-27 Real Property Management

Salt Lake City, Utah, United States

Real Property Management is the largest property management franchise in North America. Real Property Management helps owners of residential properties protect and maximize property investments. Its deep experience and national network of more than 300 franchisees help clients with services like rent collection, maintenance, leasing and legal requirements. It primarily serves rentals owned by smaller, non-institutional property owners, such as individual homes, condos and small apartment buildings.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-28 Dream Doors UK

Fareham, United Kingdom

Dream Doors UK Ltd. is a premium kitchen makeover and bedroom wardrobe franchisor based in the United Kingdom.

Buy -
Mergr

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