When did Profile Franchise Acquisition Company, LLC acquire the assets of DryJect LLC?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
On June 2, 2006 Profile Franchise Acquisition Company, LLC, a New Jersey limited liability company also known as DryJect Services, LLC ("Predecessor II"), a wholly owned subsidiary of Profile Products LLC, an Illinois limited liability company, acquired substantially all of the assets (including all franchise agreements) of DryJect LLC, and an affiliate of Predecessor II, Profile Acquisition Company, LLC, a Pennsylvania limited liability company also known as DryJect Manufacturing, LLC ("DryJect Manufacturing") acquired substantially all of the assets of Predecessor I's affiliate, Advanced Agro Technology, Inc. ("AAT"), a Delaware limited liability company. DryJect Services, LLC principal address was 750 Lake Cook Road, Suite 440, Buffalo Grove, Illinois 60089. DryJect, LLC conducted the type of business offered to you and was engaged in the sale of franchised businesses from July 2006 through January 2008.
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, Profile Franchise Acquisition Company, LLC, also known as DryJect Services, LLC, acquired substantially all of the assets of DryJect LLC on June 2, 2006. At the time, Profile Franchise Acquisition Company, LLC was a wholly-owned subsidiary of Profile Products LLC.
This acquisition is significant for prospective Dryject franchisees because it establishes the historical ownership and operational changes within the Dryject franchise system. Understanding the chain of ownership helps in assessing the stability and experience of the current franchisor, Dryject Management, LLC.
However, the 2025 FDD also notes that on January 31, 2008, the principals of Dryject acquired all membership interest in DryJect Services, LLC and DryJect, LLC from Profile Products LLC, reversing the earlier acquisition. This reversal indicates a shift back to independent ownership, which could influence the strategic direction and operational policies of the franchise. Therefore, prospective franchisees should consider the implications of these ownership changes when evaluating the Dryject franchise opportunity.