Add-on Acquisition • Business Services

Neighborly Acquires Mr. Electric

On January 1, 1994, Neighborly acquired business services company Mr. Electric

Acquisition Context
  • This is Neighborly’s 3rd transaction in the Business Services sector.
  • This is Neighborly’s 4th transaction in the United States.
  • This is Neighborly’s 4th transaction in Texas.

Explore All 10010 Add-on Acquisition Business Services Deals - Search the Database Free


M&A Deal Summary

Date January 1, 1994
Target Mr. Electric
Sector Business Services
Buyer(s) Neighborly
Deal Type Add-on Acquisition

Target Company

Mr. Electric

Waco, Texas, United States
Mr. Electric Corp. is a global franchise organization providing electrical installation and repair services. Recognized by Entrepreneur magazine among its “Franchise 500,” Mr. Electric franchisees provide these services to both residential and commercial customers at almost 200 locations worldwide.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Neighborly

Waco, Texas, United States

Category Company
Founded 1981
Sector Franchising
DESCRIPTION
The Dwyer Group's corporate headquarters in Waco, Texas.
The Dwyer Group's corporate headquarters in Waco, Texas.

Neighborly is a home services franchisor of 25 service brands (including Neighborly umbrella service brand) and more than 4,000 franchise owners serving 10 million+ customers in nine countries, focused on repairing, maintaining and enhancing homes and businesses. Neighborly was founded in 1981 and is based in Waco, Texas.


Deal Context for Buyer #
Overall 4 of 28
Sector: Business Services 3 of 9
Type: Add-on Acquisition 4 of 28
State: Texas 4 of 6
Country: United States 4 of 21
Year: 1994 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 Aire Serv Heating and Air Conditioning

Waco, Texas, United States

Aire Serv Heating and Air Conditioning is a global franchise organization providing installation, maintenance, and repair of heating, ventilation, air conditioning, and indoor air quality systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Mr. Appliance

Waco, Texas, United States

Mr. Appliance Corp. is a provider of full-service appliance service and repair to both commercial and residential clients. It also supplies appliances repair parts.

Buy -