ORLANDO,
Fla., June 25, 2024 /PRNewswire/ -- EverSmith
Brands is excited to announce the acquisition of Prism Specialties
which is the leader in specialty restoration projects providing the
most robust range of electronics, textile, art, and document
services. This investment is the latest add-on to EverSmith Brands'
portfolio of B2B service-based franchise companies.
According to the 2024 IFA Economic Outlook Report, the economic
output of the franchising industry is expected to grow at a 4.1%
rate, reaching a total of $893.9B
this year. With this projected growth, EverSmith is securing
excelling brands to their portfolio, announcing Prism Specialties
and U.S. Lawns in January.
Since 1993, Prism Specialties has been committed to providing
expert restoration services for more specialty categories than
anyone in the market. Its strength and value stems from the
original pursuit to create deep competency in each specialty.
Prism Specialties has 103 franchised territories operating
across 37 states. Prism Specialties brings a strong reputation and
over 30 years of experience in providing specialty restoration
services to key commercial market verticals to the EverSmith Brands
platform.
"Prism Specialties represents an ideal fit for EverSmith Brands
as we pursue our vision of building the industry-leading franchise
platform for commercial property services," said EverSmith
Brands' CEO, Ken Hutcheson. "We
are eager to partner with the Prism Specialties team and franchise
owners in writing the next chapter of the brand's growth
story."
EverSmith Brands is a platform of strong and growing franchised
brands, uniquely focused on the commercial facilities sector. Each
brand is known for delivering reliable and high-quality service to
commercial properties, supporting accelerated and profitable growth
for franchise owners, enabling superior customer experience by
leveraging technology, and creating a fun and high-performing work
environment with long-term career growth opportunities.
"Today marks a significant milestone in the continued growth of
Prism Specialties." said Chris
Ring, the CEO of Prism Specialties, "This strategic
move aligns with our current vision for evolution and
innovation, and together with EverSmith Brands and the Riverside
Company, we're excited to accelerate our trajectory and continue
adding value to the lives of our franchisees, employees and
customers."
As EverSmith Brands continues to expand its footprint and invest
in the latest technology and best practices, the company is
dedicated to maintaining the highest standards of service that
customers and franchisees have come to expect.
For more information about EverSmith Brands, please
visit www.eversmithbrands.com.
EverSmith Brands:
EverSmith Brands, a platform of strong and growing franchised
brands, and a portfolio company of The Riverside Company, is
uniquely focused on the commercial facilities sector including the
U.S. Lawns, Clintar, Kitchen Guard, MilliCare and Prism
Specialties.
About Prism Specialties:
Prism Specialties provides the most robust range of electronic,
appliance, textile, art, collectible, and document restoration
services in residential and industrial markets. The teams of
experts at Prism Specialties have been committed to providing
world-class customer service and restoration since 1993 to help
people and businesses recover quickly after a disaster. To learn
more about Prism Specialties, visit www.prismspecialties.com
or visit
https://www.prismspecialties.com/franchising-opportunity/ to
learn more about franchise opportunities with Prism.
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SOURCE Prism Specialties