July 02, 2015 // Franchising.com // Washington, D.C. - Zippy Shell Storage Operations (ZSSO), a wholly-owned subsidiary of Zippy Shell Incorporated, is thrilled to announce the acquisition of two Zippy Shell locations in the Chicago market; which include Zippy Shell of West Chicago and Zippy Shell of Kane County. This acquisition is the first major corporate acquisition following the $25 Million investment from Virgo Investment Group earlier this month.
Zippy Shell of West Chicago was previously under the ownership of Josh Robbins, and Zippy Shell of Kane County was owned by Todd Temaat. This transition is the first of numerous ZSSO acquisitions expected throughout the year. With the strategic funding from Virgo, Zippy Shell projects the addition of five corporately-owned franchise locations before the end of 2015.
"Our franchisees have done a great job building successful and well-developed businesses in their coverage areas," said Rick Del Sontro, CEO of Zippy Shell. "As our territories continue to expand rapidly, we will continue to link together territories that will encourage faster growth and success for the company."
The projected new locations are expected to open in key markets for growth throughout the United States that will also extend the company's nationwide reach.
"Chicago is a big market for Zippy Shell because it has such a strong foothold in the Midwest region of the U.S.," noted Dennis O'Connell, EVP of Market Operations. "The team has invested a tremendous effort toward the development of the community in the Chicago area that has set the foundation for Zippy Shell to continue to thrive and expand."
Zippy Shell is the fastest growing business in storage and moving across the nation. Currently, the company operates in 106 markets across the nation.
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Zippy Shell Incorporated is a national provider of portable storage and moving solutions. Through a network of franchise locations and licensed partners, Zippy Shell provides a complete suite of services to the customer ranging from self-pack storage through full-service moving. Headquartered in Washington D.C., Zippy Shell currently has 56 independently operated, corporately operated or jointly operated facilities in 106 markets. Zippy Shell® is an exclusively licensed trademark of Zippy Shell Incorporated. For more information, visit the Zippy Shell website at www.zippyshell.com.
SOURCE Zippy Shell