Reliable Residential HoldCo
Clearwater, FL · Formed 2023
How it operates
Reliable Residential is the holding company Franchise Equity Partners formed in October 2023 around Rapp Operations, described as the largest franchisee operator within Neighborly. It runs Precision Garage Door Service franchises - initially Clearwater, Columbus and Oklahoma City, then Tulsa, Orlando and Ocala - and aims to consolidate Precision territories across attractive U.S. markets.
Tampa Bay brands (1)
Precision Garage Door Service of Tampa Bay
Deal history in the region
- Platform formation Precision Garage Door Service of Tampa Bay → Reliable Residential HoldCo (backed by Franchise Equity Partners)
Capital events
Recapitalizations, sponsor changes, debt raises, bankruptcies and exits at the platform level. These set the clock that local brands live on.
- recap — Franchise Equity Partners took majority ownership of the three-unit Precision Garage Door franchisee, its eighth deal since inception and first in residential services. [source]
- debt raise — FEP expanded its investment and Reliable Residential acquired the Orlando and Ocala, Florida Precision markets. [source]
Frequently asked
Who owns Reliable Residential HoldCo?
Reliable Residential HoldCo is owned by its investors — Franchise Equity Partners — together with management.
Which Tampa Bay companies does Reliable Residential HoldCo own?
Does Reliable Residential HoldCo keep the local brand names?
1 of 1 Tampa Bay brands we track still operate under their original names.
Is Reliable Residential HoldCo private equity?
Yes — it is a private-equity-backed platform (see the capital chain above).
Sources Reported — credible press
- Franchise Equity Partners (2023-10-30) — news. Names Rapp Operations, rebrand to Reliable Residential HoldCo, leadership
Researcher notes: The January 2024 event is a market acquisition, not a debt raise; recorded under the closest available event type with the detail spelled out.
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