Through: Catering 1 | 79 shares 847 readings
April 19, 2021 // Franchising.com // WACO, TX – Stellar Brands has been named a new umbrella company uniting Restoration 1, bluefrog Plumbing + Drain; and future acquisitions under a single multi-brand service organization.
Gary Findley will serve as CEO of Stellar Brands and has also been appointed Operational Partner of Franchising / Home Services by MPK Equity Partners, which acquired Restoration 1 and bluefrog Plumbing + Drain in April 2020 to take brands to the next level.
“Throughout the pandemic, our emergency services for homes and businesses have been critical and in increasing demand,” Findley said. “As our expansion of these networks and support through these systems continue to raise the bar, our goal going forward is to create a family of complementary service brands that specialize in like-minded messy jobs with beautiful results. We will continue to invest in our people and franchise brands while pursuing additional strategic acquisitions to expand and enhance our capabilities. “
The new name follows a long list of impressive growth and momentum over the past year:
- Restoration 1 and sister brand bluefrog Plumbing + Drain were acquired by MPK Equity Partners at a time when critical businesses continued to grow in the recession-resistant industries they serve.
- Restauration 1 has appointed Sherry Rose as Chief Operating Officer.
- Restauration 1 appointed Tom Gissler as president; bluefrog Plumbing + Drain has appointed Mike Mushinski as president.
- Restoration 1 has allocated 350 locations to date; extended to four new states
- Bluefrog Plumbing + Extended Drain in Virginia; now serving eight states
- The two companies have proven to be essential amid a global pandemic, record seasons of storms and wildfires.
In 2021, Stellar Brands also plans to add more locations to the list for Restoration 1 and bluefrog Plumbing + Drain through strong franchise development initiatives. Now grouped under the new platform company, each brand offers a solid investment opportunity positioned as a leader in their respective industries.
SOURCE Star Brands