ServiceMaster Brands Acquires TWO MEN AND A TRUCK®
ATLANTA and LANSING, Mich., Aug. 3, 2021 // PRNewswire // - ServiceMaster Brands (SMB), today, completed its acquisition of TWO MEN AND A TRUCK®/International, Inc. (TMTI).
"TWO MEN AND A TRUCK is an excellent addition to the ServiceMaster Brands portfolio," said Elane Stock, CEO of ServiceMaster Brands. "Not only are they the leading brand in their industry, but they also have a deeply ingrained culture of customer service, focus on building the capabilities of their franchise network, and respect for frontline team members – values we share."
Throughout the TWO MEN AND A TRUCK brand's 35-year history, the franchise system has consistently delivered on their mission of exceeding customers' expectations while living their core values including giving back to the community and THE GRANDMA RULE®: To treat everyone the way you would want your Grandma to be treated. The brand has seen consistent growth dating back to 2009 and most recently reported a 41.32% spike in revenue in Q2 of 2021.
TWO MEN AND A TRUCK's excellent franchise support services and customer relationships are a great complement to SMB's multi-brand infrastructure and capabilities, presenting many opportunities for each brand to benefit.
"We have much to be proud of. What started as a small, local moving company with simply two men and a truck, has grown to an extensive franchise network with locations in the U.S., Canada, the UK and Ireland. Now we are eager to take our brand to the next level," said Jon Nobis, CEO of TMTI. "We are confident the combination of our mission of exceeding customers' expectations with our shared commitment to innovation will drive further growth for both TWO MEN AND A TRUCK and ServiceMaster Brands."
At SMB and TMTI, teams and franchisees alike share a commitment to caring for the communities in which they live and work. That's why SMB is making a charitable contribution to two non-profit organizations, continuing the founding TMTI family's commitment to moving people forward. The first is a $160,000 donation to Convoy of Hope, a humanitarian organization that's often an early responder in times of natural disasters. SMB is also donating $40,000 to Ele's Place, a Lansing-area healing center for grieving children, teens, young adults and their families. Both Convoy of Hope and Ele's Place are organizations TMT has built long-lasting relationships with and will continue to support.
Nobis will join ServiceMaster Brands' Executive Leadership Team, reporting to CEO Elane Stock. The TWO MEN AND A TRUCK team will continue to report to Nobis and will operate from their Home Office out of Lansing, Michigan as they do today.
This is ServiceMaster Brands' second acquisition since Roark Capital purchased the business in 2020.
SOURCE TWO MEN AND A TRUCK; ServiceMaster Brands
Comments:comments powered by Disqus
- Expansions & Growth
- Financial & Earnings Claims
- Mergers & Acquisitions
- Personnel Changes
- General Announcements
- Conferences & Events
- Product Announcements
- Media Coverage
- Strategic Alliances
- Business Services
- Cleaning and Maintenance
- Financial Services
- Franchise Consultants
- Health and Wellness
- Home Services
- Senior Care
- Service Brands
- Small Business