Neighborly Brands, a Waco-based franchiser of home service brands including Molly Maid and Window Genie, plans to open a second headquarters in Irving with at least 60 employees.
The 39-year-old company expects to open early next year in the 500 E. John Carpenter Freeway office building.
“We’ve been looking for some time now for the right opportunity to open a new Neighborly hub in the North Texas area that is perfectly suited for the continued growth of our worldwide business,” Neighborly CEO Mike Bidwell said in a statement. “The city of Irving has already welcomed us with open arms, and we are excited that we will soon be able to call this community our second home.”
The company, which reported sales of more than $2 billion in 2019, expects to employ more than 200 full-time workers in the 34,000-square-foot office by the end of 2026.
Neighborly plans to move five out-of-state brands — Mr. Handyman, Molly Maid, Dryer Vent Wizard, Window Genie and Real Property Management — into the Irving office as well as expand its technology and digital marketing teams.
Neighborly said it intends to keep its Waco office.
“Irving’s connectivity and accessibility to world-class talent make our community a top contender for business and were key factors in Neighborly’s real estate decision,” Beth Bowman, president and CEO of the Greater Irving-Las Colinas Chamber of Commerce and the Irving Economic Development Partnership, said in a statement.
The 500 E. Carpenter Freeway office building is a property of Dallas-based Koa Partners. The three-story building is leased by Cushman & Wakefield.
Neighborly’s business consists of 4,300 franchises serving 10 million customers in nine countries and is focused on repairing, maintaining and improving homes and businesses. It has grown through acquisitions, including home inspection firm HouseMaster in July and kitchen and bedroom makeover company Dream Doors in 2019.
The company is owned by New York-based private equity firm Harvest Partners.
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