Authority Brands Acquires Weed Pro

Apr 04, 2023•over 2 years ago

Acquiring Company

Authority Brands

Acquired Company

Weed Pro

ColumbiaProfessional Services

Description

Authority Brands announced today the purchase of Weed Pro. Terms of the transaction were not disclosed.

Company Information

Company

Authority Brands

Location

Columbia, Maryland, United States

About

Authority Brands is a home services franchising platform headquartered in Columbia, Maryland, representing a portfolio of leading franchise brands including America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, DoodyCalls, DRYmedic Restoration Services, Homewatch CareGivers, The Junkluggers, Lawn Squad, Mister Sparky, Monster Tree Service, Mosquito Squad, One Hour Heating & Air Conditioning, Screenmobile, and Woofie's. With more than 2,000 territories operated by over 1,000 franchise owners, Authority Brands is committed to empowering its franchisees through robust marketing, technology, and operational support to drive growth and success.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

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