Faith and Fortune
Today’s special guests on The Franchise Woman podcast are life partners and kingdom workers, Todd Recknagel and Kristi Mailloux.
Todd and Kristi talk openly about their faith and how it determines what projects and investments they make. Faith impacts everything they do including their marriage and charitable endeavors.
Their company name, Three20 Capital Group, clearly demonstrates their mission:
Ephesians 3:20
Now to Him who is able to do far more abundantly beyond all that we ask or think, according to the power that works within us, 21to Him be glory in the church by Christ Jesus to all generations, forever and ever.
Todd and Kristi are the managing partners of Three20 Capital Group, a private investment firm focused on franchise, distribution and multi-unit investments. They have strong operational backgrounds and industry relationships. Three20 Capital Group excels in situations where they can partner with founders, management teams, and co-invest with other investment firms to build a platform that will scale and generate long-term value for all business stakeholders.
Listen to their story here.
Meet Todd Recknagel
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.
Meet Kristi Mailloux
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.
Learn more about Todd Recknagel
Learn more about Kristi Mailloux
Learn more about Three20 Capital Group