Asurion has confirmed the deal; the terms are not immediately known.
uBreakiFix co-founder Justin Wetherill said in a prepared statement.
Both Asurion and uBreakiFix put customers first. Asurion has a history of customer-focused, industry-first innovations. We are excited to work together, with our franchise owners, to make peoples’ tech lives better. Orlando remains an integral part of the past, present and future of uBreakiFix, and uBreakiFix will continue to operate its headquarters at its home office in Orlando.
UBreakiFix has roughly 350 Central Florida employees. The company has 516 stores with 2,000 employees throughout the U.S., 4.8 million customers and 6 million phones, tablets, laptops and consoles repaired. The company reported $254 million in 2018 revenue.
UBreakiFix was founded in 2009 by Wetherill and two of his friends while they were students at the University of Central Florida.
We want to make it easier for consumers to protect, connect and enjoy their technology. As uBreakiFix joins the Asurion family, we can help fuel their growth, enabling both companies to reach even more customers with the best repair experience.
said Asurion CEO Tony Detter.
Insurance company Asurion has bought repair shop chain uBreakiFix for an undisclosed amount. First reported on the bizjournals (Orlando) website (see below), the details are not yet available, but it has been confirmed by several dealers as well.
According to their website, uBreakiFix has 509 locations across America.
We will have more info here as it becomes available.
Read the article here
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2 comments on “uBreakiFix Bought by Asurion”
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