Neighborly Company Market Research Report

Company Overview

Name and Mission

Company Name: Neighborly

Mission: To build a service community that enriches people’s lives by delivering amazing experiences. They strive to "be so remarkable, we become a beloved household name."

Foundation and Founders

Founded: No information is available

Founders: No information is available

Key People

Chief Executive Officer: Mike Davis

Chief Financial Officer: Jon Shell

Chief Development Officer: Brad Stevenson

Chief Technology Officer: Amer Waheed

Chief Strategy & Marketing Officer: Roger Chacko

Executive Vice President & General Counsel: Grayson Brown

Chief People Officer: Courtney Kolar

Group President, Repair: Brian Petranick

Group President, Maintain: Vera Peterson

Group President, Enhance: Josh Sevick

Headquarters

Location: Waco, Texas, USA

Number of Employees

Corporate Employees: 2,000

Revenue

Revenue: No information is available

What the Company is Known For

Neighborly is known for being the world's largest home services company, delivering premium service experiences across homes and businesses primarily through franchising. Their services range from repair, maintenance to property enhancement.

Products

Product Offerings

Neighborly offers a wide range of home service brands, each specializing in different verticals. Below are some of their key brands along with high-level descriptions and key features where available:

Aire Serv

Established: 1992

Description: Global franchise offering installation, maintenance, and repair of HVAC systems.

Bright & Beautiful

Description: Professional housekeeping services across the UK.

Countrywide Grounds Maintenance

Description: Commercial grass cutting, landscape maintenance, sports grounds maintenance, and winter gritting services in the UK.

Drain Doctor

Description: Plumbing and drainage services across the UK.

Dream Doors

Description: UK's #1 kitchen makeover company.

Dryer Vent Wizard

Description: Professional dryer vent cleaning services in the US.

Five Star Painting

Established: 2005

Description: Professional painting services.

Glass Doctor

Established: 1962

Description: Full-service glass replacement provider.

The Grounds Guys

Description: Landscaping, lawn care, and snow removal services.

HouseMaster

Description: Trusted name in home inspection.

Junk King

Established: 2005

Description: Junk removal and hauling services.

Lawn Pride

Established: 1983

Description: Lawn care services.

Locatec

Description: Leak detection and pipe location services.

Molly Maid

Description: Professional and affordable house cleaning services.

Mosquito Joe

Description: Mosquito control treatments.

Mr. Appliance

Established: 1996

Description: Full-service appliance repair.

Mr. Electric

Established: 1994

Description: Expert electrical services.

Mr. Handyman

Description: Home maintenance and repair solutions.

Mr. Rooter

Established: 1970

Description: Full-service plumbing and drain cleaning.

Portland Glass

Description: Auto glass services and home/business glass repair.

Precision Garage Door Service

Description: Garage door installation, repair, and replacement.

ProTect Painters

Established: 1994

Description: Residential painting services.

Rainbow Restoration

Established: 1981

Description: Residential and commercial restoration and cleaning services.

Real Property Management

Description: Single-family property management services in North America.

ShelfGenie

Description: Custom home solutions for organization.

Window Genie

Description: Residential and commercial window cleaning, window tinting, pressure washing, gutter cleaning, and holiday lighting.

The Pimlico Group

Description: Premier home services company in the UK.

Recent Developments

New Products and Features

Neighborly App 2.0: Launched in 2023, it aims to provide customers with a frictionless experience for finding and scheduling services.

New Leadership

CEO Appointment: Mike Davis appointed as CEO effective July 8, 2024.

Chief People Officer: Courtney Kolar promoted to the newly created role of Chief People Officer.

Recognitions and Awards

2024 CIO 100 Awards: Recognized for technological innovation in the home services industry.

Systemwide Sales: Surpassed $4 billion in systemwide sales in 2023.

Franchise 500 Rankings: 18 Neighborly brands included; six ranked #1 in their categories.

Partnerships

Private Equity Investments: Notable investments from multiple private equity sponsors totaling over $400 million in 2023.

Partnerships with Eagle Merchant Partners, CPC, Franchise Equity Partners, SBJ Capital, and Main Post Partners.

Other Developments

Private Equity Activity: Increased private equity investments across flagship brands.

Brand Refresh: Conducted for Window Genie to capture a more robust service offering.

Contact Information

Address: Neighborly, 1020 N. University Parks Dr, Waco, TX 76707

Phone: (855) 217-8437

Website: [Neighborly](www.neighborlybrands.com)

Conclusion

No information is available

End of Report

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