Threshold Brands
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Threshold Brands - overview
Established
2021
Location
Boston, MA, US
Primary Industry
Consumer Services
About
Threshold Brands, based in Massachusetts, US, specializes in a collection of home service franchises, focusing on repair, maintenance, and enhancement solutions for residential clients. Founded in 2021, Threshold Brands operates within the home services sector, offering diverse franchise solutions. The company was formed through a transaction involving Riverside Company, and operates out of Boston, Massachusetts. CEO Ted DeMarino leads the company, which has successfully completed one deal as of April 20, 2021.
No subsidiaries or major pivots in business strategy have been mentioned. Threshold Brands operates a curated collection of home services franchises, including Granite Garage Floors, MaidPro, Men In Kilts, and Miracle Method, each addressing specific residential needs. For instance, Granite Garage Floors specializes in durable flooring installations, while MaidPro offers tailored cleaning services. The company has a presence in over 40 states and provinces across the US and Canada, servicing homeowners, renters, and property managers.
Threshold Brands generates revenue through its franchise operations, where individual franchise owners pay initial fees along with ongoing royalties based on gross sales. The franchises provide a variety of services, including home cleaning and pest control, often structured as service contracts ensuring steady income. For example, MaidPro franchises may utilize a subscription model for regular cleaning, leveraging Threshold Brands' established branding and marketing to enhance local market presence. Threshold Brands plans to utilize the recent funding secured in April 2021 to support its expansion strategy, which includes launching new products and services tailored for the home services market.
The company aims to penetrate additional markets within the US and Canada, solidifying its presence in the home improvement sector. As part of its growth initiatives, Threshold Brands will focus on enhancing its franchise offerings to meet evolving consumer needs.
Current Investors
The Riverside Company
Primary Industry
Consumer Services
Sub Industries
Facilities & Maintenance Services, Home Repair Services
Website
www.thresholdbrands.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Threshold Brands - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Miracle Method | - | ||||||||
| Add-on | Completed | Granite Garage Floors Franchising, LLC | - | ||||||||
| Add-on | Completed | Sir Grout, LLC | - | ||||||||
| Add-on | Completed | Plumbing and Heating Paramedics | - | ||||||||
| Buyout | Completed | Threshold Brands | - |
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