Franchise Group, Inc. is an American privately held holding company that acquires and manages mainly franchise companies. Before its 2024 bankruptcy, it owned several brands in various retail industries including American Freight, Buddy's Home Furnishings, The Vitamin Shoppe, and Pet Supplies Plus.
On August 21, 2023, it was announced that a consortium of investors had acquired Franchise Group for $2.6 billion.[2]
History
Founded in 2019 through the merger of Liberty Tax and Buddy's Home Furnishings,[3] it originally operated under the name Liberty Tax. However, when it was renamed Franchise Group, the company retained Liberty Tax and Buddy's Home Furnishings as its subsidiaries.[4]