What did DryJect Manufacturing, LLC sell to TPMURD, Inc. in the transaction reversing the acquisition by Profile Products LLC?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
On January 31, 2008, our principals acquired all of the membership interest in DryJect Services, LLC, and DryJect, LLC, a Pennsylvania limited liability company, from Profile Products LLC, reversing the acquisition detailed above. In the same transaction DryJect Manufacturing, LLC, an affiliate of Profile Products LLC sold its inventory of parts, consigned equipment and assigned the intellectual property to our affiliate TPMURD, Inc, formerly known as AAT. On February 27, 2008, TPMURD, Inc. changed its name to DryJect, Inc.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 10–12)
What This Means (2025 FDD)
According to DryJect's 2025 Franchise Disclosure Document, DryJect Manufacturing, LLC sold specific assets to TPMURD, Inc. as part of a transaction that reversed a previous acquisition by Profile Products LLC. The assets included DryJect Manufacturing's inventory of parts, consigned equipment, and assigned intellectual property. This transaction occurred on January 31, 2008. Subsequently, TPMURD, Inc. changed its name to DryJect, Inc. on February 27, 2008, indicating a strategic shift and rebranding following the acquisition of these assets.
For a prospective DryJect franchisee, understanding the history of asset transfers and company name changes is crucial for assessing the stability and evolution of the DryJect brand. The intellectual property transfer, in particular, highlights the importance of TPMURD, Inc.'s (now DryJect, Inc.) role in owning and managing the core technologies and trademarks associated with the DryJect system. This historical context can provide insights into the current operational structure and the franchisor's rights to the DryJect system.
It is important for potential franchisees to further investigate the nature and scope of the intellectual property transferred, as this could impact the franchisee's rights and obligations regarding the use of DryJect's proprietary technology. Additionally, understanding the details of the consigned equipment and parts inventory could provide insights into the supply chain and ongoing operational requirements of a DryJect franchise. Prospective franchisees should seek clarification from DryJect regarding the current status and implications of these historical transactions on their franchise operations.