What is the significance of Eagle Merchant Partners ('EMP') in relation to Amerispec Inspection Services?
Amerispec_Inspection_Services Franchise · 2025 FDDAnswer from 2025 FDD Document
our franchisees.
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.
Renew Medic Franchising, LLC ("Renew Medic"), a Delaware limited liability company, franchises specialty mitigation and restoration businesses that perform residential and commercial structural cabinet repair, restoration and renewal services (primarily associated with the disaster restoration industry) under the Renew Medic trademarks. The principal address for Renew Medic is 57 Germantown Ct. Suite 201, Cordova, Tennessee 38018. Renew Medic began offering franchises in February 2024. As of December 31, 2024, Renew Medic had 8 franchises.
TCB Services Ltd. ("TCB Canada") offers franchises in Canada. The principal address for TCB Canada is 105 Victoria St., Suite 1106, Toronto, Ontario, M5C, 3B4, Canada. As of December 31, 2024, there were approximately 75 franchises in Canada under the AmeriSpec® and/or Furniture Medic® trade names and trademarks serving residential and commercial customers throughout Canada.
TCB Group Holdings Limited ("TCB UK") offers franchises in Great Britain. The principal address for TCB UK is 10 Temple Back, Redcliffe, Bristol BS1 6FL, United Kingdom. As of December 31, 2024, there were approximately 8 franchises in Great Britain that operate using the Furniture Medic® trade names and trademarks.
Furniture Medic, Renew Medic, TCB Canada, and TCB UK have never offered franchises in any line of business (except as provided above), have never conducted a business of the type you will operate, and do not provide products or services to our franchisees.
Other Affiliated Franchise Programs
Through control with private equity funds managed by EMP, we are affiliated with the following franchise programs ("Affiliated Programs"). None of these Affiliated Programs operate a franchise using the AmeriSpec®, Furniture Medic® or Renew Medic™ trade names and trademarks.
Source: Item 1 — The Franchisor and Any Parents, Predecessors and Affiliates (FDD pages 8–12)
What This Means (2025 FDD)
According to the 2025 Amerispec Inspection Services Franchise Disclosure Document, Eagle Merchant Partners (EMP) plays a significant role through its affiliation with TCB Services HoldCo, LLC (HoldCo). On March 31, 2023, HoldCo, which is an affiliate of EMP, acquired control of Amerispec Inspection Services through intermediate holding companies, including TCB Services Intermediate, LLC and TCB Services. This acquisition resulted in TCB AmeriSpec, LLC becoming the franchisor of the AmeriSpec system.
As part of the acquisition, the previous franchisor assigned all existing AmeriSpec franchise agreements, related agreements, ownership of all Marks, and certain intellectual property to TCB AmeriSpec, LLC. HoldCo also acts as the Guarantor, guaranteeing the performance of Amerispec Inspection Services' obligations under its franchise agreements. This arrangement provides a level of financial security for franchisees, as HoldCo is ultimately responsible for ensuring that Amerispec Inspection Services meets its contractual commitments.
Furthermore, through its control with private equity funds managed by EMP, Amerispec Inspection Services is affiliated with other franchise programs like Code Ninjas, Enviro-Master, and Samco, LLC. While these affiliated franchisors are not obligated to provide products or services to Amerispec Inspection Services franchisees, franchisees may choose to purchase from them. This affiliation indicates that Amerispec Inspection Services is part of a larger network of franchise businesses under the umbrella of EMP, potentially offering opportunities for collaboration or shared resources, though no specific details on such benefits are provided in this section of the FDD.