M&A Deal Summary

HomeServe Acquires Mark Allen Plumbing Heating And Cooling

On April 21, 2021, HomeServe acquired consumer services company Mark Allen Plumbing Heating And Cooling

Acquisition Highlights
  • This is HomeServe’s 4th transaction in the Consumer Services sector.
  • This is HomeServe’s 7th transaction in the United States.
  • This is HomeServe’s 3rd transaction in Pennsylvania.

M&A Deal Summary

Date 2021-04-21
Target Mark Allen Plumbing Heating And Cooling
Sector Consumer Services
Buyer(s) HomeServe
Deal Type Add-on Acquisition

Target

Mark Allen Plumbing Heating And Cooling

Bethel Park, Pennsylvania, United States
Mark Allen Plumbing, Heating And Cooling provides plumbing and HVAC services to residential and commercial customers in the greater Pittsburgh area. Mark Allen Plumbing, Heating And Cooling was founded in 1985 and is based in Bethel Park, Pennsylvania.

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Buyer(S) 1

Buyer

HomeServe

Walsall, United Kingdom

Category Company
Founded 1991
Sector Consumer Services
Employees7,400
Revenue 1.3B GBP (2021)
DESCRIPTION

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.


DEAL STATS #
Overall 20 of 21
Sector (Consumer Services) 4 of 4
Type (Add-on Acquisition) 17 of 17
State (Pennsylvania) 3 of 3
Country (United States) 7 of 7
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-02 ServLine

Chattanooga, Tennessee, United States

ServLine provides unique leak adjustment products to participating utilities, which can help cover high water bill costs that result from leaking water pipes on a homeowner’s property, as well as a water and sewer service line protection program.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 CET Group - Specialist Claims Management Division

Donington, United Kingdom

CET Group's tech-enabled insurance claims management division provides services to one in eight UK households.

Buy £53M