Enercare - M&A Summary, Ownership, and Business Overview

Electrical EquipmentCompany

Enercare M&A Summary

Enercare has acquired 4 companies of its own, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Enercare’s largest acquisition to date was in 2014, when it acquired Direct Energy - Home Services Business for $418M. Enercare has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include business services (50%) and consumer services (25%).

Enercare Ownership

Who owns Enercare?

Enercare is owned by Brookfield Infrastructure Partners. It was acquired on August 1, 2018.

Enercare Business Overview

Where is Enercare headquartered?

Enercare is headquartered in Toronto, Ontario.

What is Enercare’s revenue?

Enercare disclosed revenue of 1,257M CAD for 2017 and 995M CAD for 2016.

How many employees does Enercare have?

Enercare has 4,259 employees.

What sector is Enercare in?

Enercare is an electrical equipment company.

When was Enercare founded?

Enercare was founded in 2002.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2
  • M&A Advisors 2

Enercare, Inc.

7400 Birchmount Road,
Toronto, Ontario L3R 5V4
Canada,
(416) 649-1900
www.enercare.ca

Enercare, Inc. is a provider of home and commercial services and energy solutions. Enercare provides water heaters, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans, and related services to more than 1.2 million residential and commercial customers. Enercare Inc. was founded in 2002 and is headquartered in Markham, Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - - 1 - - 4
vol $782M $782M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
Syles Mechanical Services Ltd. 2022-01-18 - Add-on Acquisition
Tecumseh, Ontario · www.syles.ca
Service Experts LLC 2016-03-07 341M USD Merger
Richardson, Texas · www.serviceexperts.com
Direct Energy - Home Services Business 2014-07-25 418M CAD Divestiture
, Ontario
Enbridge Electric Connections, Inc. 2010-09-03 24M USD Add-on Acquisition
Toronto, Ontario · www.enercare.ca
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (50%) 418M (53%) - -
Consumer Services 1 (25%) 341M (44%) - -
Energy Services and Equipment 1 (25%) 24M (3%) - -
Total 4 $782M - -

By Geo

State/Country Buy Value Sell Value
Canada 3 442M - -
  Ontario 3 442M - -
United States 1 341M - -
  Texas 1 341M - -
Domestic 3 (75%) 442M (56%) - -
Cross-border 1 (25%) 341M (44%) - -
Total 4 $782M - -

Top M&A Advisors

Financial Deals
National Bank Financial
1
Legal Deals
Torys LLP
1

Deal Values

buy # Total
$100M to $1B 2 $759M
< $100M 1 $24M
TOTAL $782M
Largest Direct Energy - Home Services Business
$418M (2014-07-25)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)

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