Ace Hardware Announces Acquisition of Handyman Matters Franchise
OAK BROOK, Ill., September 6, 2019 / PRNewswire / – Ace Hardware Corporation, the world’s largest retailer-owned hardware cooperative, announced today that it has completed the acquisition of Handyman Matters, a franchisor of home repair, maintenance, and improvement services based in Denver, Colorado. Handyman Matters becomes Ace Handyman Services and acts as a new independent subsidiary of Ace Hardware Corporation.
Handyman Matters is a franchise organization made up of local and operated and company-owned locations that, in addition to larger projects, also offer professional and versatile craftsmen and women trained in managing a homeowner’s to-do list. ÖN-site consumer and small business services include carpentry, plumbing, electrical, drywall, painting, flooring, and more. The franchisor currently has 57 franchisees who collectively employ around 250 craftsmen in 121 territories in 23 states.
“”The launch of Ace Handyman Services provides a platform from which Ace can continue to deliver on our promise to help consumers while building our presence in the growing do-it-for-me segment, “he said John Venhuizen, President and CEO of Ace Hardware Corporation. “This acquisition combines a proven home repair and maintenance franchise system with Ace’s trusted brand and renowned helpful service. Increasing support for existing franchisees while aggressively recruiting is part of a compelling advancement in our plan for strategic growth and sustained growth Success of our retailers. “”
Andy BellThe Founder and CEO of Handyman Matters will continue the day-to-day operations of Ace Handyman Services from its headquarters in Denver. Integration and rebranding initiatives are currently underway, the completion of which is targeted in the first quarter of 2020.
“We are thrilled to be part of the Ace family. Ace and Handyman Matters not only support local and run businesses, they are committed to quality and great service,” he said Andy Bell, Founder and CEO of Handyman Matters. “As part of the new Ace Handyman Services, our franchisees have a tremendous opportunity to grow their business in partnership with Ace and its trusted retailers.”
For information on investment opportunities with Ace Hardware, please visit www.myace.com. For information on investment opportunities with Ace Handyman Services, please visit www.myace.com www.handymanmattersfranchising.com.
About artisan matters
Handyman Matters was founded in 1998 and recently celebrated its 20th anniversary. The company is a national franchise organization that offers maintenance, improvement and renovation work for private households and businesses.
About Ace Hardware
Ace Hardware is the world’s largest retailer-owned hardware cooperative with more than 5,200 locally owned and operated hardware stores in around 70 countries. Headquarters in Oak Brook, Ill., Ace and its subsidiaries operate an extensive network of distribution centers in the United States and have sales capabilities in Ningbo, China;; Colon, Panama;; and Dubai, United Arab Emirates. Ace has been part of local communities around the world since 1924 and is known as the place to go for the helpful hardware people. For more information, visit acehardware.com or newsroom.acehardware.com.
Jessica Rau, Director, PR, Social and Corporate Media Relations
630-990-3600, [email protected]
SOURCE Ace Hardware Corporation