HomeServe Mergers and Acquisitions Summary

Consumer ServicesCompany

HomeServe has acquired 21 companies, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 assets.

HomeServe’s largest acquisition to date was in 2021, when it acquired CET Group - Specialist Claims Management Division for $82M. It’s largest disclosed sale occurred in 2005, when it sold Doorman Services to ASSA ABLOY AB for $10M. HomeServe has acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include business services (62%) and consumer services (20%).

Join Mergr and gain access to HomeServe’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the consumer services sector.

M&A Summary

  • M&A Total Activity24
    • M&A Buy Activity21
    • M&A Sell Activity3
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 10
  • M&A Advisors 1

HomeServe

HomeServe plc

Cable Drive,
Walsall, WS2 7BN
United Kingdom,
+44 1922 426 262
www.homeserveplc.com

HomeServe is a home assistance company providing plumbing, drainage, electrics and heating maintenance and repair services through its own network of directly employed and sub-contracting specialist engineers. HomeServe was founded in 1991 and is based in Walsall, the United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (1.0/yr) # 16 3 - 2 - - 21
vol $162M $82M $243M
Sell (0.0/yr) # 3 - - - - - 3
vol $16M $16M
  24

Most Recent M&A

Company Date Value Type
CET Group - Specialist Claims Management Division 2021-10-27 82M GBP Divestiture
Donington, United Kingdom
Mark Allen Plumbing, Heating And Cooling 2021-04-21 - Add-on Acquisition
Bethel Park, Pennsylvania · www.markallenplumbing.com
ServLine 2019-12-02 - Add-on Acquisition
Chattanooga, Tennessee · www.servline.com
eLocal USA LLC 2019-11-19 - Add-on Acquisition
Conshohocken, Pennsylvania · www.elocal.com
CroppMetcalfe, Inc. 2019-03-13 - Add-on Acquisition
Fairfax, Virginia · www.croppmetcalfe.com
Geisel Heating, Air Conditioning & Plumbing, Inc. 2018-12-12 - Add-on Acquisition
Elyria, Ohio · www.gogeisel.com
Gregg Mechanical Corp. 2018-07-09 - Add-on Acquisition
Staten Island, New York · www.greggmechanical.com
AA plc - Home Emergency Business 2017-11-29 - Divestiture
Basingstoke, United Kingdom
Help-Link UK Ltd. 2017-08-01 8M GBP Add-on Acquisition
Leeds, United Kingdom · www.help-link.co.uk
Help-Link Ltd. 2017-08-01 35M GBP Add-on Acquisition
Leeds, United Kingdom · www.help-link.co.uk
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
HomeServe USA Corp.    - UGI HVAC Enterprises, Inc. - HVAC Operations 2020-10-01 14
Norwalk, Connecticut · www.homeserve.com Wyomissing, Pennsylvania

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 13 (62%) 243M (100%) - -
Consumer Services 4 (19%) - - -
Internet Software and Services 2 (10%) - - -
Insurance 1 (5%) - - -
Marketing 1 (5%) - - -
Building Materials - - 1 (33%) 10M (62%)
Environmental - - 1 (33%) 6M (38%)
Safety/Security - - 1 (33%) -
Total 21 $243M 3 $16M

By Geo

State/Country Buy Value Sell Value
United Kingdom 10 233M 3 16M
United States 7 - - -
  Pennsylvania 3 - - -
  Virginia 1 - - -
  Tennessee 1 - - -
  Ohio 1 - - -
  New York 1 - - -
Spain 2 - - -
France 1 - - -
Russia 1 10M - -
Domestic 10 (48%) 233M (96%) 3 (100%) 16M (100%)
Cross-border 11 (52%) 10M (4%) - -
Total 21 $243M 3 $16M

Top M&A Advisors

Legal Deals
Browne Jacobson LLP
1

Deal Values

buy # Total
< $100M 8 $243M
TOTAL $243M
Largest CET Group - Specialist Claims Management Division
$82M (2021-10-27)
sell # Total
< $100M 2 $16M
TOTAL $16M
Largest Doorman Services Ltd.
$10M (2005-02-01)

M&A Connections

Deals
Acquired from
Investor(s)
10%
2 (10%)
Strategic(s)
14%
3 (14%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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