Boxwood Partners Facilitates FranDevCo's Sale to Full Spectrum Franchise Consulting, Expanding Franchise Services

Boxwood Partners Facilitates FranDevCo's Sale to Full Spectrum Franchise Consulting



In a significant move within the franchise sector, Boxwood Partners has announced the successful sale of FranDevCo (FDC), a leading franchise development organization, to Full Spectrum Franchise Consulting, which operates under the L2 Capital portfolio. This acquisition serves as a pivotal moment in the ongoing evolution of franchise services, enabling both companies to expand their operational capabilities and reinforce their market presence.

Located in Jupiter, Florida, Boxwood Partners is recognized as a premier boutique investment bank specializing in management advisory services and facilitating mergers and acquisitions. With this latest transaction, Boxwood Partners further establishes its reputation as a key player within the franchise industry. The team, which led the deal included Managing Partner Patrick Galleher, Director Madison Day, Associate Manny Dwyer, and Analyst Drew Asadorian, has a proven track record of successful franchise transactions, completing a notable ten deals in the past year alone.

FranDevCo has carved a niche for itself as a trusted partner for both established and emerging franchise brands, having successfully placed over 1,100 franchise units with more than 600 franchisees in various sectors. With expertise spanning residential services, food and beverage, health and wellness, and beyond, FranDevCo is primed to accelerate its growth trajectory through this partnership. The acquisition by Full Spectrum is expected to bring enhanced synergies and improved service offerings that will further benefit franchisees and franchisors alike.

Patrick Galleher stated, "The partnership with Full Spectrum is transformative for FranDevCo, providing an opportunity to broaden its impact across the franchise landscape. The extensive customer relationships and resources that iFranchise and TopFire Media bring will bolster FranDevCo’s capabilities significantly."

The strategic alignment of FranDevCo with Full Spectrum allows for an integration of franchise development consulting, digital marketing solutions, and lead generation strategies, thus streamlining the process for franchise brands aiming for sustainable growth. This holistic approach empowers FranDevCo to continue its mission of connecting high-performing franchisees with promising franchise opportunities.

Full Spectrum Franchise Consulting encompasses multiple franchise solution providers, including iFranchise Group, a leader in franchise consulting and recognized numerous times by Entrepreneur magazine as a top supplier. This established network will afford FranDevCo access to an extensive database of resources and expertise to help franchise brands navigate the complexities of franchise development.

Sung Ohm, President and CEO of FranDevCo, remarked, "Working with Boxwood Partners has been instrumental in guiding us through this acquisition process. Their extensive industry knowledge and strategic insights have been invaluable in facilitating our growth alongside Full Spectrum."

In essence, this move is not merely a transaction but a strategic alignment that promises a robust future for FranDevCo and its stakeholders, bringing significant advancements in service development and operational efficiency. As the franchise industry evolves, the partnership with Full Spectrum positions FranDevCo to respond effectively to emerging trends and capitalize on its growth potential.

As a trusted advisor to both franchisors and franchisees, Boxwood Partners affirms its commitment to supporting the franchise industry’s growth through strategic transactions. With this latest success, Boxwood Partners solidifies its role as a leading player, adept in delivering favorable outcomes in the dynamic world of franchise operations.

For more on Boxwood Partners and their extensive engagement in the franchise sector, visit Boxwood Partners.

Topics Business Technology)

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