Transaction Information
Transaction type: Mergers/Acquisitions
Target: AdvantaClean
Buyer/Investor: Home Franchise Concepts (Trilantic)
Industry: Home Services/Franchising
Closed Date: January 2019
Transaction Details
Headquartered in Huntersville, N.C., AdvantaClean is the leading national franchised provider of light environmental services in the country. Founded in 1994, the Company began as a contracting business handling cleanup and repairs in Florida before eventually evolving the franchise business model based in North Carolina. The Company currently ranks 85th on Entrepreneur Magazine’s fastest-growing-franchises list, and is among Franchise Business Review’s Top 50 in franchisee-satisfaction ratings. In 2013–14, USA Today and the International Franchise Association recognized AdvantaClean as a Top Franchise for Military Veterans. Today, more than 230 AdvantaClean franchised territories operate in 37 states.