The McLean Group Advises Intelligent Office on Its Sale to Premium Franchise Brands
MCLEAN, VA – February 11, 2019 – Intelligent Office, the leading franchisor of virtual office solutions that provides highly trained administrators, flexible service offerings and executive office suites throughout the United States and Canada, announced its acquisition by Premium Franchise Brands, a market leader in franchising platforms that provides best-in-class mentoring and support frameworks to help franchises accelerate their growth trajectory. The McLean Group’sThe McLean Group’s franchising practice served as the exclusive advisor to Intelligent Office. Terms of the transaction were not disclosed.
Founded in 1995, Intelligent Office provides a turnkey solution for clients “front end” with a la carte services, on-demand labor and no long-term commitments. Intelligent Office has more than 50 open units including four company-owned units in Denver/Boulder, over 40 franchised units across the United States, and over 10 franchised units in Canada.
For over 25 years, Premium Franchise Brands, a portfolio company of Incline Equity Partners, has proven to be an innovative leader among commercial service franchise systems. With a track record of success, its proven franchise model positions itself to excel in the commercial services sector by attracting the top brands, franchisees and customers.
“A core part of our strategy at Premium Franchise Brands is to expand to a platform portfolio of profitable franchise brands in the business services space with significant potential for growth and scale. Intelligent Office fits directly in this wheelhouse.” – Russ Reynolds, CEO of Premium Franchise Brands
Ralph Gregory, Chairman, Owner and CEO of Intelligent Office, stated, “The McLean Group was my first choice and proved to be the right choice. They crafted a unique process that ensured many qualified prospects meeting very specific milestones that preserved privacy. Initially, their plan appeared overly ambitious, but they did “hit all the marks” to a successful conclusion. The McLean Group knew my business and I’m sure the buyer would concur.”
ABOUT THE MCLEAN GROUP
The McLean Group’s franchising practice provides a full range of M&A advisory and capital-raising services to franchisors and multi-unit franchisees.
The McLean Group is an employee-owned investment bank that provides objective strategic and financial advice on mergers and acquisitions and business valuations. Our investment banking advisory and valuation services are built on comprehensive industry knowledge, extensive transaction experience, senior-level attention to every client engagement, and a real-time understanding of industry-specific value drivers. By partnering with clients and providing strategic advice through every phase of a company’s development, The McLean Group is uniquely positioned to support our clients’ long-term success.