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The company began in Canada in 1997 when John Hewitt, co-founder of Jackson Hewitt, acquired a Canadian tax franchisor, U&R Tax Depot. In 1998, the company became Liberty Tax Service and opened five offices in the United States. [3] In 2012, it was named as a "Top 20 Franchise for the Buck" by Forbes, having grown to over 3,500 franchise ...
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In the year it sold Liberty Tax to NextPoint Financial for $249 million, [11] Franchise Group made numerous acquisitions in 2021. Around that time, it purchased Pet Supplies Plus in a deal valued at $700 million, [12] Sylvan Learning for $81 million, [13] and Badcock Home Furniture for $580 million. [14] [15]
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