Franchise Equity Partners Invests in Precision Garage Door Service.

MANews-(C)2009-2023

US-based private investment firm Franchise Equity Partners has partnered with management of Reliable Residential HoldCo, a franchisee operator within home services provider Neighborly, to expand Precision Garage Door Service, the company said.

Terms of the transaction were not disclosed.

With the partnership, FEP has now established a leading residential services platform to help expand its presence across select markets within those states, as well as other cities throughout the US.

The garage door franchise with more than 100 locations nationwide...

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