M&A Deal Summary

HomeServe Acquires ServLine

On December 2, 2019, HomeServe acquired consumer services company ServLine

Acquisition Highlights
  • This is HomeServe’s 3rd transaction in the Consumer Services sector.
  • This is HomeServe’s 6th transaction in the United States.
  • This is HomeServe’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2019-12-02
Target ServLine
Sector Consumer Services
Buyer(s) HomeServe
Deal Type Add-on Acquisition

Target

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.

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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 19 of 21
Sector (Consumer Services) 3 of 4
Type (Add-on Acquisition) 16 of 17
State (Tennessee) 1 of 1
Country (United States) 6 of 7
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-19 eLocal USA

Conshohocken, Pennsylvania, United States

eLocal USA LLC currently offers a performance-based advertising solution in over 75 consumer-facing verticals with a heavy emphasis on home services. By utilizing cutting edge technology and a robust network of publishers, eLocal reaches ready-to-buy consumers and intelligently routes over 3M calls and leads per year to its network of over 11.5K local, regional and national service providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 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.

Buy -
Mergr

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