The Greenwich private equity firm now owns an eight-brand HVAC, plumbing and electrical platform across the Southeast and says more acquisitions are coming.
Another Southeast home services platform has traded from one private equity owner to another. GHK Capital Partners said Oct. 15 it completed its acquisition of USA Hometown Experts, a Memphis company running eight HVAC, plumbing and electrical brands. Terms were not disclosed. The Deal reported in May that seller MSouth Equity Partners was auctioning a business with $30 million to $40 million in EBITDA. CEO Bill Sublette stays, and GHK plans new markets, new trades and more acquisitions. For independent contractors, that is another funded buyer next to American Service Partners and franchise conversions like Service Experts'.
Wendy'sA bankrupt Wendy's franchisee is shutting 41 money-losing restaurants. The franchisor wanted a say in which ones, offered to cover the losses, and was turned down.
Revscale Media (illustration)Franchise Times Top 400 data show real estate brands grew 2025 sales 6.6% to $27.8 billion while unit counts fell, as brokers reworked commission splits and agent support.
Structural ElementsThe Maryland orthopedic wellness brand is recruiting multi-unit operators to a dual-FDD model that separates owning the clinic from practicing in it.
Batteries PlusThe 800-plus-unit franchisor built three AI tools with vendors and an in-house team, and one of them talks to prospective franchisees before a human does.
Franchise TimesChip City shut all its stores this month, Crumbl has closed at least 57 this year, and one Crumbl franchisee's bankruptcy filing shows how thin the math got.
Revscale Media (illustration)One of North Dakota's top independent brokerages converted to the franchise brand and changed owners in the same deal, combining with a fellow Fargo franchisee.
