Who is the 100% shareholder of Evercertain Ltd, the parent company of Expense Reduction Analysts?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
Expense Reduction Analysts, Inc. (the Company) was incorporated in California on September 12, 2002, with the purpose of becoming the U.S. Master Licensee of Expense Reduction Analysts International, Ltd. (ERAI), an international consultancy firm that engages in implementing cost reduction strategies for corporations. The Company licenses both Area Development licenses and Regional licenses throughout the United States. The Company is a subsidiary of Evercertain Ltd, which is based in the United Kingdom. On January 25, 2011, the assets of ERAI were acquired by Montgomery Investment Company SA (MIC), which is based in Luxembourg. On January 3, 2020, MICO Holdings LTD (MICO) was created as a 100% subsidiary of MIC. MIC is the ultimate group holding company and MICO is the 100% shareholder of Evercertain Ltd.
Source: Item 23 — RECEIPTS (FDD pages 58–215)
What This Means (2025 FDD)
According to Expense Reduction Analysts' 2025 Franchise Disclosure Document, MICO Holdings LTD (MICO) is the 100% shareholder of Evercertain Ltd. Evercertain Ltd, based in the United Kingdom, is the parent company of Expense Reduction Analysts, Inc. Expense Reduction Analysts, Inc. is the U.S. Master Licensee of Expense Reduction Analysts International, Ltd. (ERAI).
Montgomery Investment Company SA (MIC), based in Luxembourg, acquired the assets of ERAI on January 25, 2011. MICO was created on January 3, 2020, as a 100% subsidiary of MIC. MIC is the ultimate group holding company.
For a prospective franchisee, this information outlines the ownership structure of Expense Reduction Analysts and its parent companies. Understanding this structure can provide insight into the overall stability and strategic direction of the franchise system. It also clarifies the relationships between the various entities involved, from the U.S. Master Licensee to the ultimate holding company.