JM Family Enterprises Subsidiary Home Franchise Concepts Adds Kitchen Tune-Up to its Family of Brands
JM Family Enterprises Subsidiary Home Franchise Concepts Adds Kitchen Tune-Up to its Family of Brands
Deerfield Beach, Fla., Dec. 17, 2020 Home Franchise Concepts, a subsidiary of JM Family Enterprises, has entered into an agreement to acquire Kitchen Tune-Up, an impressive and growing franchise company specializing in affordable kitchen updates through its network of 135 individual franchisees in 202 territories across the U.S.
JM Family and Home Franchise Concepts are focused on empowering the experienced team at Kitchen Tune-Up to continue to grow and provide value to its franchise network. This sale will provide Kitchen Tune-Up with additional resources such as expanded operational, technology and marketing support to continue to grow its reach while surpassing customer expectations.
Terms of the acquisition were not disclosed.
Kitchen Tune-Up becomes the fifth brand in the Home Franchise Concepts portfolio, joining Tailored Living featuring PremierGarage, Budget Blinds, Concrete Craft and AdvantaClean. Headquartered in Irvine, California, Home Franchise Concepts is a subsidiary of JM Family Enterprises.
According to a statement by Home Franchise Concepts and JM, the acquisition will provide Kitchen Tune-Up with additional resources, including expanded operational, technology and marketing support to continue its market growth.
“In adding Kitchen Tune-Up to our portfolio, we are strategically leveraging the strong culture and core competencies we’ve developed in our 50-year history working directly with the franchise model,” said Brent Burns, president and CEO of JM Family. “We feel there is great synergy between our companies and look forward to utilizing our combined talents to ensure continued success and growth for the franchisees.”
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
JM Family Enterprises Subsidiary Home Franchise Concepts Adds Kitchen Tune-Up to its Family of .
JM Family EnterprisesDecember 17, 2020 GMT
Deerfield Beach, Fla., Dec. 17, 2020 (GLOBE NEWSWIRE) Home Franchise Concepts, a subsidiary of JM Family Enterprises, has entered into an agreement to acquire Kitchen Tune-Up, an impressive and growing franchise company specializing in affordable kitchen updates through its network of 135 individual franchisees in 202 territories across the U.S.
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JM Family and Home Franchise Concepts are focused on empowering the experienced team at Kitchen Tune-Up to continue to grow and provide value to its franchise network. This sale will provide Kitchen Tune-Up with additional resources such as expanded operational, technology and marketing support to continue to grow its reach while surpassing customer expectations.
New Chief Investment Officer Named
Deerfield Beach, Fla., Dec. 16, 2020; To continue its strategic emphasis on long-term growth, innovation, investment diversification and future business acquisitions, JM Family Enterprises announces organizational moves to position itself for an even stronger future.
Current Chief Financial Officer and Executive Vice President Ron Coombs has been named president of JM Family Holdings & Services, a newly formed division of the private company created to focus on leveraging JM Family’s competencies developed over a 50-year history to grow earnings through acquisition and investments.
Additionally, Coombs will continue to oversee the company’s Corporate Services and various investment portfolios as well as taking on added responsibility for the business operations of JM Family subsidiaries: DataScan, JM Lexus, and Home Franchise Concepts, a franchise network of home improvement products and services consisting of Budget Blinds, Tailored Living f
JM Family CFO Ron Coombs Named President of New JM Family Holdings & Services, Cheryl ... omaha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omaha.com Daily Mail and Mail on Sunday newspapers.