On Dec. 16, 2022, in Columbia, Md., Authority Brands announced its acquisition of The Junkluggers, though the specific financial terms of the deal were not disclosed. The Junkluggers, founded in 2004 by Josh Cohen, is renowned as an eco-friendly junk removal franchise committed to sustainability and customer service. With innovative initiatives such as the Remix Market, a resale marketplace, they emphasize recycling and charitable donations to minimize landfill waste. Currently, The Junkluggers operates with franchisees in 350 territories, covering over 90 locations throughout the US. Authority Brands, known for its diverse portfolio of leading home service brands like America's Swimming Pool Company and Benjamin Franklin Plumbing, supports its franchises by offering robust resources in marketing, technology, and operations. Craig Donaldson, the CEO of Authority Brands, emphasized that this acquisition, especially as they commemorate their fifth anniversary, aligns seamlessly with the company's core values and long-term growth strategy. Both Ashish Karandikar, from Authority Brands' parent company, and Josh Cohen, CEO of The Junkluggers, expressed mutual excitement for this partnership. Cohen particularly voiced optimism about the prospects this merger offers in amplifying their sustainability efforts and expanding their clientele. For this transaction, Boxwood Partners LLC served as the exclusive financial advisor to The Junkluggers.