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Authority Brands Acquires Woofie'S And Launches Emerging Brands Initiative

Jan 25, 2022•almost 4 years ago

Acquiring Company

Authority Brands

Acquired Company

Woofie

ColumbiaProfessional Services

Description

Authority Brands announced today the purchase of Woofie's, a Virginia-based pet care franchise. Terms of the transaction were not disclosed. The acquisition marks the 10th brand addition for Authority Brands since October 2018, with Woofie's representing the company's 12th brand in its home service portfolio.

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.

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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