Is the Guarantor a subsidiary of Amerispec Inspection Services?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
We are an indirect subsidiary of TCB Services HoldCo, LLC ("HoldCo" or "Guarantor"), a Delaware limited liability company. On March 31, 2023, HoldCo, an affiliate of Eagle Merchant Partners ("EMP"), an Atlantabased private equity investment firm with its principal place of business at 3060 Peachtree Road, NW, Suite 360, Atlanta, GA 30305, acquired control of us through intermediate holding companies, including TCB Services Intermediate, LLC and TCB Services (the "Acquisition"). Guarantor guarantees the performance of our obligations under our franchise agreements.
As part of the Acquisition, (i) we became the franchisor of the AmeriSpec ® system; (ii) Immediate Predecessor assigned to us all existing AmeriSpec ® franchise agreements and related agreements; and (iii) Immediate Predecessor assigned ownership of all Marks (as defined below) and certain intellectual property relating to the operation of AmeriSpec ® franchises to us.
Affiliates Under the Control of HoldCo
Our affiliates under the control of HoldCo that currently offer other franchises include:
TCB Furniture Medic, LLC ("Furniture Medic"), a Delaware limited liability company, franchises furniture restoration, repair, re-sale, and refinishing businesses under the Furniture Medic® mark. The principal address for Furniture Medic is 57 Germantown Ct. Suite 201, Cordova, Tennessee 38018. Furniture Medic and its predecessors began offering franchises in August 1992. As of December 31, 2024, Furniture Medic had 94 franchises in the United States.
Source: Item 21 — Financial Statements (FDD page 46)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services FDD, TCB Services HoldCo, LLC, also referred to as HoldCo or Guarantor, is not a subsidiary of TCB AmeriSpec, LLC (Amerispec Inspection Services). Instead, Amerispec Inspection Services is an indirect subsidiary of TCB Services HoldCo, LLC.
TCB Services HoldCo, LLC guarantees the performance of Amerispec Inspection Services' obligations under the franchise agreements. This means that TCB Services HoldCo, LLC is financially responsible if Amerispec Inspection Services fails to meet its obligations to its franchisees.
TCB Services HoldCo, LLC is affiliated with Eagle Merchant Partners (EMP), an Atlanta-based private equity investment firm. In March 2023, EMP acquired control of Amerispec Inspection Services through intermediate holding companies, including TCB Services Intermediate, LLC and TCB Services. TCB Services HoldCo, LLC also has control over other affiliates that offer franchises, such as TCB Furniture Medic, LLC.