M&A Deal Summary |
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|---|---|
| Date | 2022-02-07 |
| Target | Home Warranty of America |
| Sector | Insurance |
| Buyer(s) | Choice Home Warranty |
| Sellers(s) | Direct Energy |
| Deal Type | Divestiture |
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Choice Home Warranty is a technology-first home warranty provider. Choice Home Warranty provides service contracts to consumers for the repair or replacement of major home systems and appliances that break down due to normal wear and tear. Choice services its customers through a network of over 15,000 independent contractors. Choice is the fastest-growing home warranty provider in the US and has covered more than 1 million homes across the country and handled more than 4 million service requests. Choice Home Warranty is based in Edison, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
Direct Energy LP is retail provider of electricity, natural gas, and home and business energy-related products and services. Direct Energy was founded in 1997 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 3 of 3 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-21 |
Clockwork Home Services
Sarasota, Florida, United States Clockwork Home Services, Inc. delivers critical home services through three leading plumbing, electrical, and heating, ventilation, and air-conditioning (“HVAC”) providers across the United States. Its household-name brands - Benjamin Franklin Plumbing® (“Benjamin Franklin”), Mister Sparky® electric, and One Hour Heating & Air Conditioning® (“One Hour”) - are all rated among the best-in-class in their respective categories. |
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