Global Franchisor Expands Portfolio with Indianapolis-Based Company
Neighborly, an umbrella franchisor of service brands that cater to home and business owners, has acquired Lawn Pride and expects to begin franchising the lawn-care brand next year. With this acquisition, Neighborly now has more than 30 brands that operate internationally.
In a news release announcing the acquisition, Neighborly President and CEO Mike Bidwell noted that Indianapolis-based Lawn Pride’s fertilizing, weed control, aeration and over-seeding services are highly rated by its customers. Through the acquisition, he said, “we see tremendous opportunity to grow the brand to new heights beyond its home market.”
Lawn Pride’s History and Future
Lawn Pride founder and President Andrew Neher established the company more than 30 years ago while he was still attending college. “With a lot of hard work and a highly dedicated and talented team, we built Lawn Pride into the thriving business it is today,” Neher stated in Neighborly’s news release. “Now it’s time for the Lawn Pride team and the Neighborly team to collaboratively write the company’s exciting next chapters. … The organization’s proven franchise model is a game-changer for achieving accelerated brand growth.”
Under Neher’s leadership, Lawn Pride built a stellar teamwork-focused corporate culture, developed a reputation for operational excellence, and has continually emphasized customer service and value, according to the news release. In acknowledging the importance of Lawn Pride’s employees, the franchisor is making them eligible to begin vesting into the Neighborly Associate Equity Program.
Joshua Sevick, president of The Grounds Guys, another Neighborly brand, will oversee the integration of Lawn Pride into the Neighborly family of brands. The two lawn-care brands have differing service models and will operate independently. The news release quoted Sevick as saying he looks “forward to seeing Lawn Pride experience the same success under Neighborly that we’ve witnessed across all of our home-service brands.”
About the Neighborly Franchise
Based in Waco, Texas, Neighborly has more than 30 diverse brands and 5,000 franchises that serve some 12 million customers in six countries. The company was founded in 1981 by Don Dwyer and previously was known as the Dwyer Group.
The Neighborly franchise has online platforms and an app that make it easy for consumers to locate nearby Neighborly franchisees when they need assistance. These brands’ specialists can repair, remodel, replace and maintain various indoor and outdoor possessions that are vital for comfortable, aesthetically pleasing home and business functioning.
Among Neighborly’s other North American brands are Aire Serv, Cumberland County Glass, Dryer Vent Wizard, Five Star Painting, Glass Doctor, HouseMaster, Molly Maid, Mosquito Joe, Mr. Appliance, Mr. Electric, Mr. Handyman, Mr. Rooter, Portland Glass, Precision Door Service, ProTect Painters, Rainbow International, Real Property Management, ShelfGenie and Window Genie.