Apr. 10, 2025
Highland Arms Enterprises Acquires Camprendy
WOODINVILLE, Wash., April 10, 2025 /PRNewswire/ -- Highland Arms Enterprises ("HAE" or the "Company"), a partner company of Main Post Partners ("Main Post") and one of the largest franchisee operators within both the Precision Garage Door Service ("Precision") system and Neighborly® system, has acquired Camprendy, Inc. ("Camprendy"), one of the largest contiguous franchise territories of Precision, operating in the San Jose, Sacramento and Stockton markets in California. With the strategic acquisition of the Bay Area territories, HAE will be positioned to deliver premier garage door repair and installation services across the West Coast.
Founded in 2003, HAE has grown both organically and through acquisitions into one of the largest franchisee operators within the Precision system, operating in 14 markets across California, Washington, Utah, Idaho and Nevada. This transaction marks HAE's fourth acquisition since Main Post completed a strategic growth investment in December 2023.
"With this purchase, we have not only added an incredibly strong team from the San Jose metro market to our growing HAE family but have also established ourselves as the most significant and strongest player on the West Coast in our industry," said Kevin Spratt, founder of HAE. "This continues to help us bring an incredible level of service and the best products in the industry to our residential and commercial customers."
"This acquisition aligns with our day-one strategic plan to be the dominant operator within the Neighborly system across the West Coast and provides an incredible runway for both future organic and acquisition-driven growth," added Aaron Garcia, Partner at Main Post Partners. "Kevin and the broader team at HAE have done an incredible job building out the organization to accomplish these acquisitions and support the future growth of the platform."
Moore & Van Allen, Davis Wright Tremaine and McGuireWoods served as legal advisors to HAE and Main Post on the transaction. Ironsides served as accounting advisor to both HAE and Main Post on the transaction. Boxwood served as financial advisor to Camprendy.