Fundz

Bci Leads Significant Investment In Authority Brands

Sep 20, 2022

Round Type

Venture

ColumbiaProfessional Services

Description

Authority Brands, a residential services franchising platform in North America, today announced that British Columbia Investment Management Corporation ("BCI"), one of the largest institutional investors in Canada, has agreed to acquire a significant minority stake in the company, alongside funds advised by Apax Partners LLP ("Apax Funds"), which will retain majority ownership.

Quick answer

Authority Brands raised an undisclosed amount in a funding round, dated September 20, 2022. Authority Brands is based in Columbia, Maryland, United States.

How much did Authority Brands raise?
Authority Brands raised an undisclosed amount in a funding round on September 20, 2022.
What does Authority Brands do?
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,..
Where is Authority Brands based and how big is it?
Authority Brands is based in Columbia, Maryland, United States. Fundz records about 869 employees.
Who are the decision-makers at Authority Brands?
Fundz holds 1 contact at Authority Brands. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services around the same time

Companies in the same sectors as Authority Brands that raised within 45 days of this round, from Fundz verified event records.

  • Orbit raised $2.8M (Seed) on November 4, 2022.
  • scoutbird raised $3.2M (Seed) on November 1, 2022.
  • Etalon raised $210K (Seed) on November 1, 2022.
  • QRails, Inc. raised $5M (Seed) on October 28, 2022.
  • Staffing 360 Solutions, Inc. raised $371K (Seed) on October 27, 2022.
  • TENOR LEGAL raised $50K (Pre-Seed) on October 24, 2022.

Who to call at Authority Brands, and when

A new round usually means Authority Brands is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Authority Brands raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Authority Brands, from your own LinkedIn network

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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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Fundz sees it the moment Authority Brands raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Authority Brands's next move

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Authority Brands raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.