Full Spectrum expands with FranDevCo acquisition, new leadership

Full Spectrum Franchise Consulting, a leading franchise solutions provider and an integral part of L2 Capital‘s portfolio, has made a bold stride in franchise development by acquiring FranDevCo, a premier franchise development and sales organization. This strategic acquisition underscores Full Spectrum’s commitment to providing end-to-end solutions for franchisors, offering unparalleled expertise across consulting, development, and marketing.

The deal also heralds the addition of two industry veterans, Rob Weddle and J. Patrick Galleher, to Full Spectrum’s board. Their wealth of experience in franchise growth, mergers, and acquisitions is set to drive the Company’s expansion and market leadership.

What Does the FranDevCo Acquisition Mean for Franchisors?

The acquisition of FranDevCo positions Full Spectrum Franchise Consulting as a powerhouse in the franchising industry. With a reputation for facilitating over 1,100 franchise placements across diverse sectors, FranDevCo has a proven ability to help emerging brands scale effectively.

FranDevCo’s success lies in its consultative approach, which goes beyond traditional sales strategies. Acting as an outsourced development partner, the company provides tailored support to franchisors, enabling responsible growth while maintaining strong franchisee relationships. By integrating FranDevCo into its portfolio, Full Spectrum now offers franchisors an unmatched growth platform that spans consulting, marketing, and franchise development.

According to Peter Batushansky, Partner at L2 Capital:

“We are excited to welcome FranDevCo to our portfolio. This acquisition, combined with the expertise of Rob Weddle and Patrick Galleher, will propel Full Spectrum’s growth and reinforce its market leadership in franchising solutions.”

How Does Full Spectrum Strengthen Its Market Position?

The inclusion of FranDevCo complements Full Spectrum’s existing suite of services provided by iFranchise Group and TopFire Media.

• iFranchise Group: Recognized as the top franchise consulting firm by Entrepreneur magazine for six consecutive years, iFranchise Group brings a wealth of knowledge in franchise strategy, documentation, and operations.
• TopFire Media: A full-service digital marketing and public relations firm, TopFire specializes in driving brand visibility and growth within the franchising space.

Together, these entities form a comprehensive ecosystem that empowers franchisors at every stage of their journey, from concept development to sustained growth. The integration of FranDevCo further solidifies Full Spectrum’s status as a one-stop solution for franchise consulting and development.

Who Are the New Board Members Driving Growth?

Rob Weddle and Patrick Galleher bring unparalleled expertise and vision to Full Spectrum Franchise Consulting.

• Rob Weddle: Former CEO of Authority Brands, Weddle is celebrated for his role in expanding the company through 11 brand acquisitions and significantly increasing system sales and earnings. With over two decades in franchising, he brings invaluable insights into scaling operations and navigating private equity partnerships.
• Patrick Galleher: CEO and Managing Partner of Boxwood Partners, Galleher has spearheaded more than 70 sell-side transactions, including over 35 franchisor deals. His deep understanding of mergers, acquisitions, and strategic growth makes him a critical asset to Full Spectrum’s leadership team.

Batushansky added:

“Rob and Patrick bring a unique combination of operational expertise and financial acumen. Their leadership will guide us as we expand our portfolio and deliver unparalleled value to franchisors.”

How Will This Acquisition Impact the Franchise Industry?

The partnership between Full Spectrum and FranDevCo is expected to redefine franchise development by setting new benchmarks for operational excellence and responsible growth. With FranDevCo’s proven methodologies and Full Spectrum’s robust platform, franchisors will have access to a comprehensive suite of services designed to maximize growth potential while mitigating risks.

This move also highlights the increasing importance of strategic acquisitions in the franchise industry, as companies seek to consolidate expertise and create value-driven ecosystems for franchisors and franchisees alike.

What Makes L2 Capital a Key Player in Franchise Investments?

L2 Capital, headquartered in Devon, Pa., and Miami, FL, specializes in lower middle-market investments. Since 2010, the firm has focused on partnering with entrepreneur-led businesses during pivotal growth stages. L2 Capital’s operations-focused strategy has consistently delivered market-leading returns by accelerating growth and expanding market share.

The acquisition of FranDevCo by Full Spectrum Franchise Consulting is the latest example of L2 Capital’s ability to identify and nurture high-potential businesses, creating lasting value for investors and stakeholders.