Today, Five Star Franchising (“Five Star”) announced the purchase of franchisor brands Bath Solutions, Joe Homebuyer, Gotcha Covered, and Bio-One. As part of its continued effort to build the world’s greatest and most trusted franchise systems, the firm is looking to acquire franchise brands interested in accelerating their growth. ProNexis, a leader in call center and lead generation technologies for home services franchisees, is also a subsidiary of Five Star Franchising.
CEO of Five Star Franchising, Scott Abbott, invites founders of home services franchise brands or franchise brokers for a talk. Abbott is looking for companies with a proven track record and ready to scale their business through expanded franchise development, technology, operations, and marketing support. Five Star Franchising’s acquisition strategy incentivizes owners and management teams to remain and grow with the brand.
Five Star is supported by Princeton Equity Group, a premier private equity firm specializing in venture capital investments in founder-owned franchisor companies. Doug Kennealey, the Managing Partner of Princeton Equity Group, informs about their agreement to work with Scott Abbott and his Five Star management team to grow a world-class platform of home services franchise brands.
Bath Solutions, Joe Homebuyer, Gotcha Covered, and Bio-One are the current partners of Five Star Franchising. Across the United States and Canada, the brands collectively support roughly 300 franchise owners and 350 franchise regions. As these companies and their franchisees integrate into Five Star’s ecosystem, they will receive help from ProNexis, a wholly-owned customer experience technology and marketing company with unmatched expertise in the home service industry.
Princeton Equity Group is a major franchisor and multi-unit investor in the United States, investing only in leading franchisors and multi-unit businesses. Princeton views each investment as a long-term, supportive business collaboration with founders and management teams to assist in developing high-value businesses. Princeton’s principals have invested in some of the most respected growth-oriented franchisors and multi-unit businesses in the United States.
Five Star Franchising is a highly inventive franchisor brand. Five Star offers the industry’s best franchising systems to ensure that its companies excel in technology, marketing, branding, and people. Five Star excels in ensuring the local market success of each of their brands’ franchisees through a franchisee-first approach to business. Visit for additional details.
Five Star Franchising offers one-of-a-kind franchise possibilities to individuals interested in becoming their bosses through business ownership. We’ve invested in brands that we believe give customers distinctive experiences or services and are looking for franchisees to help us expand these businesses. While years of experience are not required in the area you choose to operate a franchise, you must be self-motivated, committed to success, financially responsible, and capable of directing your workers. Anyone interested in discussing franchise partnership opportunity with Five Star Franchise, visit the website.
