Junk King acquired by national home services company Neighborly - San Francisco Business Times

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Junk King acquired by national home services company Neighborly - San Francisco Business Times
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Michael Andreacchi founded Junk King from his garage in 2005. He just sold it to a national home services company.

In 2005, Michael Andreacchi founded a small trash hauling company from his garage in San Carlos with just a truck. Junk King grew to nearly $15 million in revenue and 150 franchises nationally, catching the attention of Norwest Venture Partners, which acquired a majority stake in the company in April 2019.

Andreacchi will remain an investor and serve as a brand ambassador but will not have a direct role at the now Burlingame-based company. Junk King Chief Operating Officer Lisa Merry will take on a new role as brand president.

 

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