FIVE STAR PAINTING ACQUIRES COLOR WORLD HOUSEPAINTING, INC.
Creates World’s Second-Largest Painting Franchise Company
Springville, Utah - September 9, 2008 - Five Star Painting, the world’s fastest growing painting franchise company is pleased to announce the acquisition of Color World Housepainting. The acquisition solidifies Five Star Painting as the 2nd largest painting franchise system in the World as well as the fastest growing. Tom Hodsgon, Founder of Color World Housepainting will play a key role in the growth and expansion of Five Star Painting and it’s international franchise system.
The experienced and well respected team at Color World is excited about the opportunity to extend its ability to provide excellent service to customers, especially in a market in which home values have become more important than ever. The company looks forward to continuing its history of quality customer service under the Five Star Painting brand. According to Color World Housepainting Founder and CEO Thomas Hodgson, “We are very excited about the growth of Color World Housepainting and Five Star and look forward to becoming the world leader in the house painting industry.”
Scott Abbott, CEO of Five Star Painting is just as excited to have Tom Hodgson as part of the executive team at Five Star acting as the COO of East Coast operations. “Bringing Tom and his management team over to Five Star is one of the biggest things that attracted us to Color World. Their experience in painting home exteriors is second to none and will improve our offering to our franchisees and home owners across North America. Tom is an experienced businessman and we are pleased and honored that he chose to join us in our quest to become the #1 service industry franchise in North America.”
In addition to the new executive team members, Five Star Painting will now operate a second corporate office for training, discovery days, and East coast support thru the former Color World offices in Columbus, Ohio. Franchisees, both current and future, will enjoy even more support, training and expertise as Five Star rapidly expands its presence across the world.
Five Star Painting is the fastest growing, and second largest, painting franchise in North America with operations from California to Florida, and from Canada to Mexico. Five Star Painting is seeing phenomenal expansion from current and new franchisees in order to meet the growing demand of its clients across North America and is at 70+ franchise territories.
About Five Star Painting
Formed in 2001 and franchising since 2005, Utah-based Five Star Painting Inc. has grown to more than 50 franchises in North America, with operations in the United States, Canada and Mexico. Five Star Painting offers its franchisees access to software, a 24/7 call center, marketing, training and management support. Five Star Painting Customers receive a Five Star job without a five star price. As one of the fastest-growing franchises in the service industry, Five Star Painting works with industry leaders to deliver business opportunities to entrepreneurs committed to a high level of customer service. For more information about Five Star Painting, please visit www.fivestarpaintingfranchise.com.
About Color World House Painting
Thomas Hodgson started painting in 1993, and he created and incorporated Color World Housepainting in 1997. In 2000, expansion within Ohio began, and satellite markets were opened in Dayton and Cincinnati. The first out-of-state market, Ft. Lauderdale, began operating in 2003 and remained open for three and a half years. However, this market was closed to provide an opportunity for franchising and to allow the company to focus on its growth within Ohio. Accordingly, a Cleveland office was started. Since that time, Color World has experienced rapid growth, opening two markets in North Carolina, Charlotte and Raleigh and is recognized as one of the leading exterior residential painting companies in North America, and the leader in Ohio.
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