Who is the majority owner of Canopy Lawn Care?
Canopy_Lawn_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a subsidiary of, and majority owned by, Outdoor Living Brands Holdco, LLC ("OLB Holdco"), a Delaware limited liability company with a principal business address of 2426 Old Brick Road, Glen Allen, Virginia 23060. OLB Holdco is a wholly-owned subsidiary of Empower Brands. Empower Brands was formerly known as Lynx Franchising, LLC from April 2019 to January 2023, and before that was known as Premium Franchise Brands, LLC until April 2019. Empower Brands is owned by Lynx-JP Holdings, Inc., a Delaware corporation ("Lynx-JP Holdings"). Lynx-JP Holdings was formerly known as Jan-Pro Holdings, Inc. and is owned by MidOcean BCAT Holdings, Inc. a Delaware corporation ("BCAT"). BCAT is owned by Bobcat Holdings Group, LP, a Delaware limited partnership ("Bobcat"). Bobcat is majority owned by MidOcean Associates V, LP ("MidOcean"). Empower Brands, Lynx-JP Holdings, BCAT and Bobcat each have a principal business address of 2520 Northwinds Parkway, Suite 375, Alpharetta, Georgia 30009. MidOcean has a principal business address of 245 Park Ave 38th Floor, New York, NY 10167. None of these entities has conducted a business of the type that you will operate and have not offered franchises in any line of business except as otherwise described in this Item 1.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS AND AFFILIATES (FDD pages 8–14)
What This Means (2025 FDD)
According to Canopy Lawn Care's 2025 Franchise Disclosure Document, Canopy Franchise Corporation is majority owned by Outdoor Living Brands Holdco, LLC ("OLB Holdco"). OLB Holdco is a wholly-owned subsidiary of Empower Brands. Empower Brands is owned by Lynx-JP Holdings, Inc., which is owned by MidOcean BCAT Holdings, Inc. BCAT is owned by Bobcat Holdings Group, LP, which is majority owned by MidOcean Associates V, LP ("MidOcean").
For a prospective Canopy Lawn Care franchisee, this ownership structure means that decisions and strategic direction for the Canopy Lawn Care franchise may be influenced by these various parent entities. It is common for franchise systems to be owned by larger holding companies or private equity firms, which can provide access to capital and resources but also may prioritize financial returns.
It is important for potential franchisees to understand the ownership structure and how it might impact the franchise system. While Canopy Lawn Care is directly managed by its own team, the ultimate control rests with MidOcean Associates V, LP. This could affect long-term strategies, investment decisions, and the overall direction of the Canopy Lawn Care franchise system.