Posted:20-December-2023
Dyno Rod Employee becomes Franchisee following successful MBO
“A little over 10 years ago I was promised a future opportunity in what appeared to be nothing but a dream,” says Dean Hodgson.
“Fast forward to today, one man stood by me and his word to help make that dream become reality. Thank you Cliff Barry, I’ll always be eternally grateful.”
The man he’s thanking is his former boss: Dean has just concluded a £2.2m deal to acquire two Dyno-Rod franchises from Cliff, becoming the boss of the 70-strong workforce he’s worked in for the last decade.
A delighted Dean is now the owner of Dyno-Rod sites in Trimdon, County Durham, and Castleford in West Yorkshire. He’s become the newest addition in the growing Dyno-Rod franchise network.
Clearly, Cliff is convinced that his legacy will live on and prosper under Dean’s ownership. Upon completion of the sale, he commented to Dean: “What you have done for the business and us as people is beyond my ability to script. What you have done for the brand and others in the network is exemplary.”
Lee Parry, National Network Performance and Strategy Manager at Dyno-Rod, added: “This is a great example of what following the Dyno-Rod model can deliver, I’m delighted for both Cliff and Dean along with the valued customers they serve – they are in safe hands.
“The future is very bright for Dyno as an increasing number of people explore business ownership with both our Drains and Plumb franchise opportunities. This success story just goes to show what can be achieved through following the model and making use of the outstanding support available to the network.”
Dean concludes: "I'm incredibly proud to take on these franchises and look forward to developing them further over the coming months.”
Congratulations to all involved.
Dyno-Rod, owned by British Gas, is one of the UK's largest plumbing service providers and one of the very few household names in the industry.
Interested and want to know more about Dyno-Rod Drainage?
The Dyno-Rod Drainage profile outlines all aspects of their franchise opportunity and allows you to contact them for further information or to ask a question.
