A premium kitchen makeover and bedroom wardrobe franchiser with more than 90 showrooms across the UK has been acquired by US-headquartered Neighborly.
Dream Doors was founded on providing kitchen makeovers and recently expanded to offer custom wardrobes in bedrooms.
Founder and chairman Troy Tappenden will be stepping down and departing from the company. The Dream Doors network will continue to be overseen by managing director Philip Carr who has been instrumental in implementing the brand’s long-term expansion strategy since 2017.
The deal includes 91 locally-owned and operated franchise showrooms of Dream Doors across the UK.
The acquisition is Neighborly’s first of 2019 and means the business now has a total of 22 service brands, nearly 3,700 franchise owners and more than 850 associates across nine countries.
“By joining the world’s largest franchisor of home services, Dream Doors will gain new vendor relationships, a powerful peer group of other Neighborly service brands and more,” said Dream Doors’ Philip Carr. “Supported by Neighborly’s expertise moving forward, I look forward to this new phase of growth for our brand.”
Mike Bidwell, president and chief executive of Neighborly added: “Dream Doors has delivered on its promise of ‘new life for old kitchens and bedrooms’ for the past 20 years, making the brand a perfect complement to Neighborly Brands’ community of premium home services.”
Dream Doors is headquartered in Portsmouth.
Source: Insider Media