Ace Hardware Corp. has completed the acquisition of Handyman Matters, a home repair, maintenance and improvement services franchise based in Denver, the company confirms in a statement.
Ace confirms Handyman Matters will soon become Ace Handyman Services and operate as a new stand-alone subsidiary.
Handyman Matters currently consists of 57 locations in 23 states offering home improvement services from a network of craftspeople. At-home services available to customers include carpentry, plumbing, electrical, drywall, painting, flooring installation and more. The services are available to homeowners and business owners, Ace confirms.
“The introduction of Ace Handyman Services provides a platform from which Ace can further deliver on our helpful promise to consumers while expanding our presence in the growing do-it-for-me segment,” says John Venhuizen, president and CEO of Ace. “This acquisition combines a proven home repair and maintenance franchise system with Ace’s trusted brand and renowned helpful service. Providing increased support to existing franchisees while aggressively recruiting more is part of a compelling evolution in our plan for strategic growth and our retailers’ continued success.”
Handyman Matters founder and CEO Andy Bell will continue to lead day-to-day business operations for Ace Handyman Services. Ace anticipates its integration and rebranding initiatives will be completed by the first quarter of 2020, according to the statement.
“We are thrilled to be a part of the Ace family. In addition to supporting locally owned and operated businesses, Ace and Handyman Matters also share a commitment to quality and outstanding service,” says Andy Bell, founder and CEO of Handyman Matters. “As part of the new Ace Handyman Services, our franchisees have a tremendous opportunity to grow their businesses in collaboration with Ace and its trusted retailers.”
Ace currently operates more than 5,200 locally owned hardware stores in approximately 70 countries. To learn more about the company and Venhuizen’s vision for the future, check out Hardware Retailing’s March distributor profile.