Susquehanna Private Capital Invests in Premium Service Brands
Susquehanna Private Capital made an investment in the Charlottesville-based home service brand franchisor Premium Service Brands.
Premium Service Brands is a home service franchisor that partners with franchisees to provide comprehensive training, sophisticated technology, and cross-branded support for every step of their business. The brand’s CEO, Paul Flick, started with just one brand and has since grown PSB's portfolio to seven brands including ProLift Garage Doors among other home service brands. With funding from Susquehanna Private Capital (SPC), ProLift Garage Doors and all PSB brands will continue to be key players and grow in the industry.
SPC targets U.S. companies with $3 million to $15 million in EBITDA and has experience working with other home service brands.
“Premium Service Brands presents a compelling opportunity to invest in a growing multi-brand franchisor within the attractive home services industry,” says Kyle Squillario, co-head at SPC, in a press release. “We are pleased to partner with entrepreneur and operator Paul Flick and his team as PSB accelerates its development and franchise expansion plans.”
“At Premium Service Brands, we are committed to empowering our franchisees with the top technology, support, and networking to develop their businesses. With SPC’s operational and financial support, we look forward to entering our next phase of growth as we broaden our franchise offerings and client reach,” says Flick in the press release.
To learn more, you can read the full release here.
*This brand is a paid partner of 1851 Franchise. For more information on paid partnerships please click here.
MORE STORIES LIKE THIS
Yahoo: Premium Service Brands Completes Second Acquisition This Year, Adds Andy OnCall to Rapidly Expanding Portfolio
Social Geek Radio: Multi-Brand Franchise Power with Paul Flick
Social Geek Radio: Multi-Brand Franchise Power with Paul Flick
Idaho Business Review: State Welcomes ProLift Garage Doors Franchisees to Idaho