Trilantic North America Sells Majority Stake in Home Franchise Concepts

Trilantic North America (“Trilantic”), a leading private equity firm, today announced the sale of its majority stake in Home Franchise Concepts (“HFC”), a leading franchising system in the home improvement goods and services space, to JM Family Enterprises, Inc. (“JM Family”). Terms of the transaction were not disclosed.

Trilantic acquired HFC in 2015 to support the company’s growth strategies, expand its core franchise base and service concepts and further invest in its operating platform. The firm also elevated HFC’s Chief Financial Officer, Shirin Behzadi, to her current role as Chief Executive Officer.

Founded in 1993, HFC has grown to be one of the world’s largest franchising systems in the home improvement market and currently encompasses four brands: Budget Blinds®, Tailored Living®, Concrete Craft® and AdvantaClean®. Since its inception, HFC has expanded to include nearly 1,700 franchise territories in the U.S., Canada and Mexico and received numerous awards and accolades for its brands.

“Trilantic has played a transformative role in our growth over the past four years,” said Ms. Behzadi. “We are grateful for the team’s support and close partnership as we have expanded our team, invested heavily in the platform and professionalized the entire organization to further support our franchisees and their customers. We look forward to partnering with JM Family and tapping into their resources and experience through the next phase of our development.”

“Trilantic thanks Shirin Behzadi and the entire HFC management team for bringing their creativity, hard work and focus to the company each and every day,” said Charles Fleischmann, partner at Trilantic North America. “Throughout our partnership, the team has worked to establish HFC as a leading franchising system in the residential services space, providing superior training, support and leadership that allow people from all walks of life to own their own business. We are excited to see where this new partnership will take them.”

Harris Williams acted as the exclusive financial advisor to Home Franchise Concepts on the transaction and Kirkland & Ellis LLP provided legal advice.