Add-on Acquisition • Business Services

HomeServe Acquires Utility Service Partners

On June 30, 2016, HomeServe acquired business services company Utility Service Partners

Acquisition Context
  • This is HomeServe’s 7th transaction in the Business Services sector.
  • This is HomeServe’s 1st transaction in the United States.
  • This is HomeServe’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date June 30, 2016
Target Utility Service Partners
Sector Business Services
Buyer(s) HomeServe
Deal Type Add-on Acquisition

Target Company

Utility Service Partners

Canonsburg, Pennsylvania, United States
Utility Service Partners, Inc. is a provider of home repair service plans for north american municipal and utility clients.
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Buyer Overview 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 Context for Buyer #
Overall 9 of 21
Sector: Business Services 7 of 13
Type: Add-on Acquisition 7 of 17
State: Pennsylvania 1 of 3
Country: United States 1 of 7
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-13 Home Energy Services

Nottingham, United Kingdom

Home Energy Services Ltd. is a provider of boiler and central heating maintenance, installation and repair solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-03 Checkatrade.com

West Sussex, United Kingdom

Checkatrade is the UK's most recognised and trusted online directory of high quality, customer recommended tradespeople with nearly 1m unique customer visits a month.

Buy -