Who is Freeman Spogli and what is their principal business address in relation to Batteries Plus Bulbs?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
On July 6, 2016, BP Holding was merged with and into BPB Acquisition Corp., with BP Holding surviving the merger and remaining a Georgia corporation (the "Transaction"). As a result of the Transaction, BP Holding is now controlled through affiliated companies by Freeman Spogli & Co. ("Freeman Spogli"), a private equity firm whose principal business offices are located at 11100 Santa Monica Boulevard, Suite 1900, Los Angeles, California 90025.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 8–13)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, Freeman Spogli & Co. is a private equity firm that, through affiliated companies, controls Batteries Plus Holding Corporation (BP Holding). BP Holding is the parent company of Square Brands International, LLC, which in turn is the parent company of Batteries Plus, L.L.C., the franchisor. Thus, Freeman Spogli indirectly exerts control over Batteries Plus Bulbs through its ownership stake in BP Holding.
The principal business offices of Freeman Spogli are located at 11100 Santa Monica Boulevard, Suite 1900, Los Angeles, California 90025. This address is not shared by Batteries Plus Bulbs, whose principal place of business is at 1325 Walnut Ridge Drive, Hartland, Wisconsin 53029.
Freeman Spogli's portfolio also includes other franchise systems such as FASTSIGNS, GTN Capital Group (NerdsToGo franchises), Suite Management Franchising, LLC (My Salon Suite and Salon Plaza), Camp Bow Wow Franchising, Inc., and VIO Franchise Group, LLC (VIO Med Spas). This indicates that Freeman Spogli has experience in the franchise industry, which could be a benefit to Batteries Plus Bulbs franchisees through the potential for shared best practices and resources.