Harris Williams Advises Home Franchise Concepts, LLC on its Sale to JM Family Enterprises, Inc.

July 8, 2019

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Home Franchise Concepts, LLC (HFC), a portfolio company of Trilantic North America, on its sale to JM Family Enterprises, Inc. (JM Family). HFC is a premier platform of best-in-class franchised brands in the home improvement goods and services sector. The transaction was led by Brent Spiller, Corey Benjamin, Chris Neils and Bernardo Villar of Harris Williams’ Consumer Group.

“We are extremely excited to have represented HFC in its sale to JM Family Enterprises,” said Brent Spiller, a managing director at Harris Williams. “CEO Shirin Behzadi and her team have built one of the leading home improvement goods and services franchise platforms in the United States. We believe JM Family will be a great partner for HFC in its next phase of growth.”

“This represents another marquee transaction for Harris Williams and extends our leadership in both the franchising and home services sectors,” added Corey Benjamin, a managing director at Harris Williams. “We are delighted to have helped the shareholders realize a great outcome and look forward to watching the company in this next phase.”

HFC is one of the world’s largest franchising systems in the home improvement goods and services space, among the world’s largest franchise businesses and a recognized leader in franchisee-franchisor relationships. HFC’s four brands include Budget Blinds®, Tailored Living®, Concrete Craft® and AdvantaClean® and are consistently rated at the top of their categories and supported by nearly 1,700 franchise territories in the U.S., Canada and Mexico.

Trilantic North America is a private equity firm focused on control and significant minority investments in North America. Trilantic North America’s primary investment focus is in the business services, consumer and energy sectors. Trilantic North America currently manages six private equity fund families with aggregate capital commitments of $9.4 billion.

JM Family is ranked No. 21 on Forbes’ list of America’s Largest Private Companies and No. 17 by FORTUNE® as one of the 100 Best Companies to Work For®, its 21st consecutive year on the list. Founded in 1968 by automotive legend Jim Moran, JM Family has approximately 4,300 associates working for its five primary subsidiaries: Southeast Toyota Distributors, the world’s largest independent distributor of Toyota vehicles; JM&A Group, one of the leading independent providers of finance and insurance (F&I) products in the automotive industry; Southeast Toyota Finance and DataScan, both part of World Omni Financial Corp., a diversified financial services company; and JM Lexus. Headquartered in Deerfield Beach, FL, JM Family has major U.S. operations in Jacksonville and Margate, FL; Commerce and Alpharetta, GA; Mobile, AL; and St. Louis, MO.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

Harris Williams’ Consumer Group has completed more than 60 transactions in recent years across a variety of verticals, including branded consumer products; consumer services; food, beverage and agribusiness; and restaurant and retail.  For more information on Harris Williams’ Consumer Group and other recent transactions, visit the Consumer Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.