factual

When did the principals acquire all membership interest in DryJect Services, LLC?

Dryject Franchise · 2025 FDD

Answer 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, the principals acquired all membership interest in DryJect Services, LLC on January 31, 2008. This acquisition reversed a previous transaction where Profile Products LLC had acquired DryJect Services, LLC. In the same transaction, DryJect Manufacturing, LLC sold its inventory and assigned intellectual property to TPMURD, Inc., which later changed its name to DryJect, Inc.

This information is relevant to prospective franchisees as it provides insight into the ownership history and evolution of the Dryject franchise. Understanding the various acquisitions, mergers, and name changes can help a franchisee assess the stability and experience of the current management team. The fact that the principals reversed a prior acquisition to regain control of DryJect Services, LLC may indicate a strong commitment to the brand and its future.

It's important for potential franchisees to further investigate the reasons behind these transactions and the roles of the various entities involved. Understanding the relationships between DryJect Services, LLC, Profile Products LLC, DryJect Manufacturing, LLC, and TPMURD, Inc. can provide a more comprehensive picture of the franchise's background. Additionally, franchisees should inquire about the current roles and responsibilities of the principals who were involved in the 2008 acquisition to gauge their level of involvement and expertise in the Dryject franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.