The partners of Three20 Capital Group have partnered, coinvested or served in the C-suite of the following representative companies: CEO and partner of the largest energy efficiency products and program supplier in the country, AM Conservation Group (sold to Kohlberg & Company 2015). Co-investor, Partner and Board Member of Take 5 Oil Change, the fastest growing service company in the automotive segment now with 800 units, (sold to Roark Capital in 2016). CEO and partner of Mr. Handyman International, the largest franchisor in the handyman category with 300 units and over $100 million system sales, (sold to the Dwyer Group 2015), President of Molly Maid, Inc, the second largest maid service in the world, with over 600 units and $300 million system sales (sold to Dwyer Group in 2015).
Currently invested in a number of private equity transactions including the largest multi-unit operators of the leading brand in the massage category, Massage Envy with 95 units as well as the largest multi-unit franchisee in the number one Salon Suites Brand Sola Salons with 60 units.
Our partners have invested in over 100 transactions with over $500 million in gains for private equity investors.
Todd Recknagel & Kristi Mailloux
Managing Partners at Three20 Capital Group
Todd Recknagel, Managing Partner
With acumen in strategy, finance, and deal-making, Todd Recknagel has consistently elevated the companies he's engaged with to market leadership. His roles have spanned from CEO, Board Member, Board Chair, Operating Partner, to Co-investor - in a variety of growth enterprises.
Currently, he serves as an Operating Partner & Board Member for PCRK Group, the largest franchisee of Massage Envy; the Board Chair & Partner for Salon Freedom, the top franchisee for Sola Salons; a Board Member & Partner at Office Pride; and a Managing Partner and Board Member for Specialty Tile Products. He also has served many years on the Board of the International Franchise Association and serves on the Executive Committee.
Todd was the CEO & Partner for Mr. Handyman International; the CEO & Partner for AM Conservation Group, the nation's leading energy efficiency product supplier; a Board Member & Partner for Take 5 Oil Change; and a Board Member & Operating Partner at Quatrro Business Support Services.
Todd earned his MBA in finance from the Eli Broad School at MSU.
Kristi Mailloux, Managing Partner
Throughout her diverse career across various industries, Kristi Mailloux has amassed a multifaceted skill set. Her expertise spans departmental leadership, marketing, and operations, which she applied hands-on implementations within portfolio companies. She holds roles such as Operating Partner for PCRK Group, the largest franchisee of Massage Envy; Board Member & Operating Partner in Salon Freedom, the largest franchisee for Sola Salons; and Operating Partner at Office Pride.
In her past, Kristi served as the President of Molly Maid, the nation's second-largest maid service franchise, where she led the company to its peak dollar growth. She also held the presidency at 1-800-DryClean, one of the country's rapidly expanding dry-cleaning franchise brands. Her tenure as the Chief Marketing Officer at AM Conservation Group drove growth at the nation's leading energy efficiency company serving utilities. Additionally, she was the Chief Operating Officer for a major multi-unit operator in Massage Envy. Kristi holds a degree from the University of Michigan and a CFE from the international Franchise Association.
