News

Riverside Touts Ability to Fill Gaps During M&A 'Giant Pause' (Franchise Times)

As many M&A deals ground to a halt in the pandemic, private equity firm Riverside took an unusual step: sending an open letter saying they had capital to provide to get deals done. 

"In the world of deal-making, it might feel like we hit a giant 'pause' button. At Riverside, we have a lot of tools to get things restarted," the letter said, then laid out ways Riverside can provide "non-control" capital to "bridge the gap in the capital structure if lenders have changed terms in this challenging environment."

Read more in Franchise Times

Best Life Brands Sets Record Franchise Development Growth in April (Franchising.com)

“We at Best Life Brands have recognized the needs of an aging population long before coronavirus infiltrated our daily lives. And we are watching the demand for our services only continue to grow,” says J.J. Sorrenti, CEO of Best Life Brands. “Even in the midst of a pandemic, we are experiencing a surge in interest from franchisee candidates who recognize this as an immensely high-growth space and that our services will forever be essential.”

Best Life Brands Names J.J. Sorrenti CEO

Sorrenti will oversee the strategic growth plan of Best Life Brands, which includes ComForCare and At Your Side, premier franchised providers of home care; CarePatrol, the nation's largest franchised senior placement organization; and Blue Moon Estate Sales, the leading estate sale franchise in the U.S. Together, they include nearly 400 franchise locations across the U.S. and Canada.

ComForCare Owner Helps Organize Parkinson’s Event

Melissa Morante, who is part of the owner/operator team of three ComForCare Home Care offices in Florida was interviewed for her involvement in helping plan an event for people with Parkinson’s disease and their family members, as well as health and medical professionals.
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