When did SpeeDee Worldwide, LLC become an affiliate of Bumble Roofing?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
SpeeDee Worldwide, LLC ("SpeeDee") is a franchisor of automotive maintenance and repair services operating under the SpeeDee® trade name and business system. SpeeDee is a subsidiary of GMI. SpeeDee is a Delaware limited liability company with a principal business address of 5575 DTC Parkway, Suite 100, Greenwood Village, Colorado 80111. In January 2021, SpeeDee became an affiliate through an acquisition. SpeeDee has been franchising since 1986, and as of September 30, 2024, there were 65 franchises operating in the United States and 22 franchises operating internationally. Until January 2017, SpeeDee also offered co-branding franchises under a separate Franchise Disclosure Document and different franchise agreement with its former parent, Midas International Corporation ("Midas"), for a Midas/SpeeDee co-branding shop. SpeeDee also operates 20 SpeeDee franchises in the United States which are co-branded with Midas, who is not an affiliate. SpeeDee has not conducted a business of the type that you will operate and has not offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS AND AFFILIATES (FDD pages 8–13)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, SpeeDee Worldwide, LLC is not directly affiliated with Bumble Roofing. However, the document does state that Empower Brands is the parent company to Bumble Roofing, as well as other franchisors.
The FDD indicates that through control with private equity funds managed by MidOcean Partners, Bumble Roofing is affiliated with franchise programs such as Grease Monkey Franchising, LLC (GMF). In January 2021, GMF became an affiliate through an acquisition.
SpeeDee Worldwide, LLC ("SpeeDee") is a franchisor of automotive maintenance and repair services operating under the SpeeDee® trade name and business system. SpeeDee is a subsidiary of GMI. In January 2021, SpeeDee became an affiliate through an acquisition. Therefore, while SpeeDee is not directly listed as an affiliate of Bumble Roofing, it shares a common affiliation through its parent company GMI, which is under the control of private equity funds managed by MidOcean Partners, similar to Grease Monkey and Bumble Roofing.