About Authority Brands
Authority Brands is a company based in Columbia (United States) founded in 2017 was acquired by Apax in September 2018. It operates as a Franchise / Licensing. The company has 776 employees as of December 31, 2020. Authority Brands has completed 6 acquisitions, including Color World Franchise, Junkluggers and Monster Tree Service. Authority Brands offers products and services including Home Service Franchising, ASP - America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, and Homewatch CareGivers. Authority Brands operates in a competitive market with competitors including Senske Services, Arrow Exterminators, Legacy Service Partners, Summit Companies and Busy Bee, among others.
- Headquarter Columbia, United States
- Employees 776 as on 31 Dec, 2020
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Authority Brands
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
BCI
& 1 more
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Employee Count
776
as on Dec 31, 2020
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Investments & Acquisitions
Color World Franchise
& 5 more
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Acquired by
Apax
(Sep 24, 2018)
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Products & Services of Authority Brands
Authority Brands offers a comprehensive portfolio of products and services, including Home Service Franchising, ASP - America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, and Homewatch CareGivers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Home service franchises are supported with operational tools.
Pool maintenance and repair services are provided expertly.
Residential plumbing services are delivered with high standards.
Residential cleaning services are offered across North America.
Compassionate in-home care services are provided to clients.
Funding Insights of Authority Brands
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Authority Brands | Valuation | BCI |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Authority Brands
Authority Brands has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include BCI and Apax Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across various assets in Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Authority Brands
Authority Brands has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Color World Franchise, Junkluggers and Monster Tree Service. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Professional tree care services, including removal and maintenance, are provided.
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2008 | ||||
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Provider of junk removal services
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2004 | ||||
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Provider of residential and commercial lawn care services
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Authority Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Authority Brands Comparisons
Competitors of Authority Brands
Authority Brands operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Senske Services, Arrow Exterminators, Legacy Service Partners, Summit Companies and Busy Bee, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of commercial & residential lawn care, pest control, and grounds maintenance services
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| domain | founded_year | HQ Location |
Arrow Exterminators is engaged in pest and termite control services.
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| domain | founded_year | HQ Location |
Residential HVAC, plumbing, and electrical services are provided.
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| domain | founded_year | HQ Location |
Fire protection, installation, and mechanical contracting services are offered.
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| domain | founded_year | HQ Location |
Apartment, office cleaning, and building maintenance services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Authority Brands
Frequently Asked Questions about Authority Brands
When was Authority Brands founded?
Authority Brands was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Authority Brands located?
Authority Brands is headquartered in Columbia, United States.
Who is the current CEO of Authority Brands?
Rob Weddle is the current CEO of Authority Brands.
How many employees does Authority Brands have?
As of Dec 31, 2020, the latest employee count at Authority Brands is 776.
What does Authority Brands do?
Authority Brands is established as a prominent franchisor in the home services sector, founded in 2017. The company oversees 15 leading home service brands across the United States and Canada, supporting over 1,000 franchise owners. Services are provided from property line to roof line, covering areas such as plumbing, cleaning, pool maintenance, in-home care, and more. Franchisees are equipped with elite marketing, advanced technology, and strong operational support to ensure success. The focus is placed on delivering high-quality customer service and fostering growth through competitive advantages in local markets.
Who are the top competitors of Authority Brands?
Authority Brands's top competitors include Senske Services, Summit Companies and Busy Bee.
What products or services does Authority Brands offer?
Authority Brands offers Home Service Franchising, ASP - America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, and Homewatch CareGivers.
How many acquisitions has Authority Brands made?
Authority Brands has made 6 acquisitions, including Color World Franchise, Junkluggers, and Monster Tree Service.
Who are Authority Brands's investors?
Authority Brands has 2 investors. Key investors include BCI, and Apax Partners.
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