Trilantic North America Sells Majority Stake in Home Franchise Concepts
Trilantic North America recently announced the sale of its majority stake in Home Franchise Concepts, a leading franchising system in the home improvement goods and services space, to JM Family Enterprises, Inc. Founded in 1993, HFC has grown to be one of the world’s largest franchising systems in the home improvement market and currently encompasses four brands: Budget Blinds®, Tailored Living®, Concrete Craft® and AdvantaClean®. Since its inception, HFC has expanded to include nearly 1,700 franchise territories in the U.S., Canada and Mexico and received numerous awards and accolades for its brands.
Trilantic North America acquired Home Franchise Concepts in 2015 to support the company’s growth strategies, expand its core franchise base and service concepts and further invest in its operating platform. Over the course of Trilantic North America and Home Franchise Concepts’ partnership, the team worked to establish Home Franchise Concepts as a leading franchising system in the residential services space by providing superior training, support and leadership that allow people from all walks of life to own their own business. The firm also elevated Chief Financial Officer Shirin Behzadi to her current role as Chief Executive Officer.
For more information, visit www.trilanticnorthamerica.com.