Authority Brands, a family of home service brands headquartered in Columbia, Md. and a portfolio company of Apax Partners, has purchased the Junkluggers, a junk removal franchise focused on customer service and improving the environment.
Founded in 2004 by Josh Cohen, the Junkluggers use sustainable practices to keep waste out of landfills through recycling, donations to charities and concepts like Remix Market, a secondhand marketplace. The company has franchise owners operating across 350 territories with over 90 locations across the U.S.
“The Junkluggers’ dedication to their customers and the environment makes them a key partner for our Authority Brands family and we are looking forward to supporting their success through the many resources we provide,” comments Ashish Karandikar, board of directors member of Authority Brands’ parent company and partner at Apax.
Boxwood Partners LLC represented the Junkluggers and acted as financial advisor for the transaction.