private equityverified
Franchise Equity Partners
· Founded 2021
In one paragraph. Franchise Equity Partners is a private equity. In Tampa Bay its capital sits behind Reliable Residential HoldCo, which together control 1 local brand.
Why it invests in the trades
Franchise Equity Partners, founded November 2021 by Michael Esposito, invests in large franchisee operators. Its October 2023 investment in Reliable Residential - a Precision Garage Door Service franchisee with a Clearwater unit - was its eighth deal and first in residential services, on the thesis that home services competition is mainly mom-and-pop operators.
Platforms in Tampa Bay (1)
Reliable Residential HoldCo
Clearwater, FL · formed 2023 · 1 local brands
Local brands ultimately backed by Franchise Equity Partners (1)
Precision Garage Door Service of Tampa Bay
Owned by Reliable Residential HoldCo · backed by Franchise Equity Partners
Deals
- Platform formation Precision Garage Door Service of Tampa Bay → Reliable Residential HoldCo (backed by Franchise Equity Partners)
Frequently asked
What does Franchise Equity Partners own in Tampa Bay?
Precision Garage Door Service of Tampa Bay, through Reliable Residential HoldCo.
Is Franchise Equity Partners a private-equity firm?
Yes.
How long will Franchise Equity Partners hold these companies?
Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.
Sources Verified — primary document
- PR Newswire (2023-10-16) — press release. Firm inception date, deal count, thesis
- Franchise Equity Partners (2023-10-30) — news. Majority ownership, Esposito quote
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