---
title: "Franchise Times: Level 5 Buys 112 Orangetheory Studios Plus More Bold Deals"
url: https://burnaze.com/article/9705c3e6-f9e2-4fa2-859b-008c16ef4ae2
source: "1851 Franchise"
original_url: https://1851franchise.com/franchise-times-level-5-buys-112-orangetheory-studios-plus-more-bold-deals-2718104
category: "Home Services"
industry: "Home Services"
published: 2022-03-01T16:11:00.000Z
modified: 2026-11-01T01:40:52.477Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/05e41ca4da637121f05486acaaba7c772665.jpg
---

# Franchise Times: Level 5 Buys 112 Orangetheory Studios Plus More Bold Deals

**TL;DR:** Threshold Brands has acquired Plumbing Heating Paramedics, a multi-brand home-services franchisor. Threshold Brands has also launched two new franchise opportunities under new brand names, Plumbing Paramedics and Heating + Air Paramedics.

*originally published in 1851 Franchise on 2022-03-01. [Read the original](https://1851franchise.com/franchise-times-level-5-buys-112-orangetheory-studios-plus-more-bold-deals-2718104).*

## Story

As reported in a recent Franchise Times article, Threshold Brands has completed its acquisition of Plumbing Heating Paramedics, which was first announced in the summer of 2021. The multi-brand home-services franchisor has also launched two franchise opportunities under new brand names, Plumbing Paramedics and Heating + Air Paramedics .

The plumbing and HVAC companies were founded in 2011 by Ryan Carpenter and are based in Noblesville, Indiana.

## Entities

- 1851 Franchise (publication)
- Home Services (sector)
- home services (topic)
- franchise opportunities (topic)
- acquisition (topic)
- Threshold Brands (company)
- Heating + Air Paramedics (company)
- Plumbing Paramedics (company)

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Originally reported by 1851 Franchise (https://1851franchise.com/franchise-times-level-5-buys-112-orangetheory-studios-plus-more-bold-deals-2718104). Summarized by Burnaze (https://burnaze.com/article/9705c3e6-f9e2-4fa2-859b-008c16ef4ae2).