Consumer services-focused private equity firm Main Post Partners has made a majority investment in Highland Arms Enterprises (HAE), a garage door service operator within Neighborly, a franchise-based group focused on repairing, maintaining, and enhancing properties.
This marks the firm’s first investment in a residential services platform as well as a new sector of focus.
The investment is expected to go towards expansion of HAE’s partnership with Neighborly as well as building a multi-brand residential services platform.
HAE was founded in 2003 and operates in 11 markets across Washington, California, Utah, Idaho, and Nevada. The company has completed two acquisitions over the last four months.
Main Post has previously scaled other franchise platforms including US sandwich chain Jimmy John’s, restaurant-focused Flynn Group (restaurants), and Artemis Wax.
