Boxwood Partners successfully facilitated the merger of multiple Neighborly franchise operations into a new platform, Complete Home Services, aimed at enhancing market reach and operational efficiency in the home services industry.

Target Information

The merger involves the successful combination of multiple Neighborly® franchise operations, which include Pinkerton's Electrical Service, LLC, Major Mechanical Operations, LLC, and AS-1 LLC, under a new entity named Complete Home Services. This platform will primarily deliver essential home services, including electrical and HVAC services, operating under well-known Neighborly brands such as Mr. Electric and Aire Serv.

This strategic consolidation enables the newly formed entity to enhance its operational capabilities and market reach, serving customers across Alabama, Tennessee, and Kentucky. The leadership teams, including founders Keith Pinkerton and Lee Downing, bring considerable experience and established customer relationships, ensuring continuity and growth in the home services sector.

Industry Overview

In recent years, the home services industry in the United States has experienced significant growth, with increasing demand for reliable and efficient residential maintenan