Rainbow International Secures Allstate As A National Account
WACO, Texas — November 8, 2012 –Neighborly®, formerly Dwyer Group, today announced its service franchise brand Rainbow International® recently entered into a Professional Services Agreement with Allstate®, the nation’s largest publicly held personal lines insurer.
Under the agreement, the Rainbow International franchise network will provide loss mitigation and restoration services related to water, fire and smoke damage as well as providing mold remediation service to Allstate policyholders.
“Rainbow International and its franchisees take pride in utilizing cutting edge loss mitigation and restoration technology along with use of the most up to date equipment available in the restoration industry,” said Frank Aucoin, Director of National Accounts for Rainbow International. “This opportunity allows these two companies to join forces and bring customers an even higher level of service when they need it most.”
About the Allstate Corporation:
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate” slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate.
About Rainbow International:
Established in 1981, Rainbow International is a global franchise organization providing residential and commercial restoration and cleaning services. Recognized by Entrepreneur Magazine among its “Franchise 500,” Rainbow International franchisees offer a broad range of damage restoration services (ranging from water, smoke and fire damage to carpet and upholstery cleaning and deodorization) to more than 330 locations worldwide. Rainbow International is a subsidiary of Neighborly For further information or to find the location nearest you, visit www.rainbowintl.com.
Neighborly, based in Waco, Texas, is a holding company of seven franchise businesses, each selling and supporting a different franchise under the following service marks: Aire Serv®, Glass Doctor®, The Grounds Guys™, Mr. Appliance®, Mr. Electric®, Mr. Rooter® (Drain Doctor in the UK and Portugal), and Rainbow International®. Collectively, these independent franchise concepts offer customers world-wide a broad base of residential and commercial services. In addition, Dwyer operates glass shops in New England under the Portland Glass brand name. Neighborly is a portfolio company of TZP Group LLC, a private equity firm based in New York that focuses on control investments in business and consumer services companies with enterprise values generally up to $200 million. More information on The Neighborly, or its franchise concepts, is available at www.dwyergroup.com.