Neighborly Acquires Precision Door Service Brand

• Mergers and Acquisitions :

Home service brand mega franchisor Neighborly has acquired Precision Door Service, a leading garage door repair franchise headquartered in Titusville, Florida. The acquisition was finalized on December 31 and was Neighborly’s fifth service brand acquired in 2020. Neighborly now includes 28 brands across 19 service verticals, with more than 4,500 franchises in nine countries.

“I am thrilled to be adding Precision Door Service’s premier customer experiences, top-of-the-line service offerings, and experienced franchise owners to our global network,” said Mike Bidwell, President and CEO of Neighborly. “Our Neighborly family includes 10 million customers who rely on our brands as the home for exceptional service, and we’re proud to now add to our portfolio through this acquisition the needed and important service of garage door repair and installation.”

Precision Door Service will benefit from the increased consumer awareness and enhanced lead generation capabilities that Neighborly provides to its franchise brands. Neighborly will also add support for existing Precision Door Service franchise owners.

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