Neighborly acquires Dryer Vent Wizard
By HPAC MagazineHPAC General
The acquisition includes nearly 100 Dryer Vent Wizard franchise locations across the U.S. and Canada.
Neighborly has announced its acquisition of Dryer Vent Wizard, a professional dryer vent cleaning services franchisor.
The acquisition, which was announced Feb. 25, includes nearly 100 Dryer Vent Wizard franchise locations across the U.S. and Canada, bringing Neighborly’s network to more than 3,900 franchisees representing 24 home service brands.
“We kicked off 2020 with a vision to ‘Own the Home’ through Neighborly’s community of home service experts, and welcoming Dryer Vent Wizard to our family of franchise brands marks an exciting milestone in this pursuit,” Mike Bidwell, President and CEO of Neighborly, said in a company release. “In the 15 years since its inception, Dryer Vent Wizard’s cleaning, installation, inspection and repair service offerings have earned high customer satisfaction ratings. We see tremendous opportunities to grow the brand to the next level, making this a great partnership for all parties.”
The Dryer Vent Wizard franchise is headquartered in Farmington Hills, Michigan. It was founded in 2004 by David Lavalle, who is also the founder of Mr. Handyman, Neighborly’s franchise network.
“As I’ve seen firsthand with Mr. Handyman, Neighborly has a proven track record of helping brands expand their presence to achieve growth goals through franchise development,” Lavalle said in a company release. “I’m excited that another brand I started is teaming up with this respected and successful franchisor, and I am eager to see Neighborly’s support help existing Dryer Vent Wizard franchisees realize their same store sales potential moving forward.”