MIAMI, Fla., Oct. 15, 2020 – CEO Coaching International, the leading firm coaching over 330 of the world’s top growth-focused entrepreneurs, congratulates its client Andy Pittman, CEO of ShelfGenie, for closing a transformational sale with Neighborly, the world’s largest parent company of 27 home service brands and more than 4,300 franchises in nine countries.
“As part of our organization’s Noble Purpose, our ShelfGenie franchise owners are committed to turning the frustration and pain points homeowners have throughout their homes into sources of joy and comfort,” said Pittman. “It is through this dedication to our customers that we are projected to experience a record year in 2020 despite the challenges of an ongoing pandemic, setting us up for continued success in the years to come. I know that joining the Neighborly network will only maximize our potential to achieve that success, so I expect great things are in store for our franchise owners and their clients.”
As a result of the acquisition, ShelfGenie will now benefit from new tools for growth and enhanced exposure to Neighborly’s 10 million customers who rely on Neighborly brands for all of their various home service needs.
“ShelfGenie’s high-quality service offerings and proven commitment to customer service make this brand an excellent complement to our existing portfolio of home service brands, providing an ideal opportunity for continued growth not only of the ShelfGenie franchise network but of the Neighborly organization at-large,” commented Mike Bidwell, president and CEO of Neighborly.
“We’re very proud to help ShelfGenie celebrate this extraordinary milestone,” commented Mark Moses, CEO and Founding Partner of CEO Coaching International. Andy and his team have achieved incredible EBITDA growth since starting coaching four years ago, and will no doubt continue to do so. This new partnership will only propel their growth even further.”
“Since we began franchising ShelfGenie 12 years ago, our goals have always revolved around franchise profitability and continued growth,” commented Barry J. Falcon, Board Chairman and co-founder of ShelfGenie. “Now under the Neighborly umbrella, our chances of exceeding those goals are better than ever before. Through the continued leadership of Andy Pittman and now Mike Bidwell, the future looks bright for the entire ShelfGenie system.”
ShelfGenie was founded in 2000 in Richmond, Virginia, under the original name of Shelf Conversions. Since its 2008 rebranding and adoption of the franchise business model, the company has since grown its network to more than 50 franchise locations spanning 275 territories across the United States and Canada. Their expansion has been fueled by local franchisees. Their local franchisees are passionate members of their communities.
Neighborly® is the world’s largest home services franchisor of 27 service brands and more than 4,300 franchises serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. The company operates online platforms that connect consumers to service providers in their local communities that meet their rigorous standards as a franchisor across 18 service categories at Neighborly.com in the United States and Neighbourly.ca in Canada.
About CEO Coaching International
CEO Coaching International works with the world’s top entrepreneurs, CEOs, and companies to dramatically grow their business, develop their people, and elevate their overall performance. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 600 CEOs and entrepreneurs in more than 40 countries. Every coach at CEO Coaching International is a former CEO or President that has made big happen. The firm’s coaches have led double-digit sales and profit growth in businesses ranging in size from startups to over $1 billion, and many are founders that have led their companies through successful eight and nine figure exits. CEOs and entrepreneurs working with CEO Coaching International for three years or more have experienced an average EBITDA CAGR of 66.4% during their time as a client, more than five times the national average. For more information, please visit: https://www.ceocoachinginternational.com
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