TL;DR
Stellar Brands acquires The Driveway Company, adding 24 locations across 15 states to its system. The acquisition marks the third brand on Stellar Brands' roster, joining Restoration 1 and bluefrog Plumbing + Drain.
Deal marks the third company on Stellar Brands’ growing roster
Adds 24 locations across 15 states to Stellar Brands system
The deal marks the third brand on Stellar Brands’ roster, joining companies Restoration 1, specializes in a wide array of emergency mitigations, restoration and reconstructions services; and bluefrog Plumbing + Drain, a trusted franchise in plumbing repair and installation. Combined, this brings the total number of locations to more than 375 awarded across all brands.
“This past year, maintenance for homes and businesses proved essential and in growing demand, and with the addition of The Driveway Company, Stellar Brands will be able to further meet the needs of our customers,” said Gary Findley, CEO of Stellar Brands. “We look forward to providing the expertise and additional infrastructure to grow this business exponentially.”
The Driveway Company has been involved in driveway repair and maintenance for over 30 years. They have developed proven techniques for extending the life of concrete including crack and joint repair, concrete sealing, overlays, lifting, leveling and more.
The company has relocated headquarters to Waco, where Courtney Harmon will serve as President.
In this story
This story was originally published in Franchising.com on May 3, 2021. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.