WACO, Texas, Jan. 7, 2021 /PRNewswire/ — Neighborly®, the world’s largest franchisor of home service brands, today announced the acquisition of Precision Door Service, the nation’s leading garage door repair franchise headquartered in Titusville, Florida. The acquisition was finalized on December 31, making it Neighborly’s fifth service brand acquired in 2020.
“I am thrilled to be adding Precision Door Service’s premier customer experiences, top-of-the-line service offerings and experienced franchise owners to our global network,” said Mike Bidwell, President and CEO of Neighborly. “Our Neighborly family includes 10 million customers who rely on our brands as the home for exceptional service, and we’re proud to now add to our portfolio through this acquisition the needed and important service of garage door repair and installation. We look forward to working with the Precision Door Service team to collectively execute our strategy to ‘Own the Home’ through Neighborly home service offerings.”
Founded in the late 1980s by Brian Tindall, who is reinvesting in the organization through franchise ownership following the sale of the company, Precision Door Service’s vision from day one has been to provide the best garage door repair and installation service in the market. Today, the organization’s franchise network is more than 100 locations across the United States and generates appropriately $300 million of system sales.
As a result of this acquisition, Precision Door…