Dudan

HomeFront Brands Names Michael O'Driscoll President of Franchising

Retrieved on: 
Tuesday, September 12, 2023
Learning, International Franchise Association, Marketing, Commitment, Organization, Multimedia, Dudan, Investment, Growth, Hotel, Video game, Sales, Online shopping

HUNTERSVILLE, N.C., Sept. 12, 2023 /PRNewswire/ -- HomeFront Brands, the property service franchise platform with six emerging concepts in its franchise portfolio (Window Hero, The Designery, Temporary Wall Systems, BiltRite Home Inspections, Top Rail Fence and Mozzie Dome), announced that it has appointed Michael O'Driscoll to the role of President of Franchising. Promoted to oversee and lead the company's operations, marketing and finance departments, O'Driscoll is heading the HomeFront Brands efforts to scale the leadership and corporate support teams, as well as its robust shared services programs, to reinforce the company's commitment to supporting franchisees

Key Points: 
  • "In early 2022, Chairman and CEO Jeff Dudan launched HomeFront Brands to be the most responsible franchise platform.
  • A key contributor to the HomeFront Brands shared services model, the franchise industry veteran brings more than three decades of experience to the President of Franchising position.
  • "Few are as dynamic as Michael," said Dudan, who, before hiring O'Driscoll as a HomeFront Brands executive, turned to him as a consultant.
  • HomeFront Brands offers community-based franchise opportunities to aspiring entrepreneurs seeking to build a dynasty and create generational wealth.

ABACO Enters Financial Partnership with FranDevCo

Retrieved on: 
Thursday, September 1, 2022
Partnership, Development, CEO, EBITDA, Ownership, Lowy, Education, FSO, Leadership, Ohm, Sung, Dudan, FSO Polonez, Acquisition, Growth, Industry, Real estate, Retail

CHARLOTTE, N.C., Sept. 1, 2022 /PRNewswire/ -- ABACO, a premier lower middle market private equity firm led by Michael Abdy, with backing from Noah Lowy of the Lowy Family Group, announced today its partnership with and the recapitalization of FranDevCo, a leading franchise sales organization (FSO). FranDevCo founder, Nick Neonakis, will exit the company and executives Jeff Dudan and Sung Ohm will remain involved in the business post-close with Dudan serving as chairman and Ohm as CEO.

Key Points: 
  • FranDevCo has the exclusive development rights for 12-plus national franchisors and has successfully awarded hundreds of franchise territories since inception.
  • "I'm proud to see FranDevCo enter into this next phase of growth with ABACO as partners," said Neonakis.
  • "The ABACO recapitalization and restructuring provides expanded resources that allow FranDevCo to reimagine the business and explore new, exciting competitive advantages," Dudan said.
  • "Our partnership with FranDevCo gives us the springboard to support entrepreneurs in the US and abroad," said Lowy.