TL;DR
LYNX Franchising has acquired the FRSTeam brand and franchise system, adding another established restoration brand to its lineup of growing service industry franchise systems. The acquisition fits with LYNX Franchising's strategy of developing the premier B2B services franchising platform.
The multi-brand franchisor adds another established restoration brand to its lineup of growing service industry franchise systems
The multi-brand franchisor adds another established restoration brand to its lineup of growing service industry franchise systems.
The multi-brand franchise platform with a complementary collection of B2B essential services, LYNX Franchising has acquired the FRSTeam brand and franchise system.
“The FRSTeam addition fits hand in glove with our strategy of developing the premier B2B services franchising platform,” said LYNX Franchising CEO Russ Reynolds. “We are passionate about helping entrepreneurs successfully operate and grow their businesses, and we are excited to begin working with the experienced and talented management team already in place at FRSTeam.”
FRSTeam has long been a leader in the restoration of fabrics and electronics, specializing in damage from disasters such as smoke, fire, water, and mold and has over 40 franchises.
“We look forward to leveraging the experience and leadership of LYNX Franchising to take the FRSTeam franchise system and brand to new heights,” said Holly Murry, brand president of FRSTeam. “Additionally, the increased capabilities from the combined platform offerings of restoration, cleaning, and virtual and office space services significantly strengthens our value proposition to customers.”
In this story
This story was originally published by Amanda Peters in Global Franchise on June 12, 2020. Burnaze summarizes and links to the original reporting.
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