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Apax Partners

Verified

Pe Firm

London, GB 101-500 employees Website

Majority sponsor of Authority Brands since September 2018.

Headquarters: London, GB (outside the US map).

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for Apax PartnersPart OfPart Ofbacked bybacked byparent ofrolled up intoApax Partners: Pe FirmAPApax PartnersAuthority Brands: FranchisorAuthority BrandsClockwork Home Services: FranchisorCHClockwork Home Servic…Epicor Software Corp.: Operating CompanyESEpicor Software Corp.KKR: Pe FirmKKRMister Sparky: Operating CompanyMister SparkyPNC Riverarch Capital: Pe FirmPRPNC Riverarch Capital
FranchisorOperating CompanyPe Firm

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline20162017201820192016 · Majority stake → Epicor Software Corp.2018 · Recapitalization → Authority Brands (verified)2019 · Add-on acquisition → Clockwork Home Services (verified)
3 recorded deals, 2016–2019verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: 1 acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: 1 acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: 1 acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Florida 1
  2. 2. Maryland 1
  3. 3. Texas 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Apax Partners acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Recapitalization Sep 2018
Verified

Apax Partners acquires majority of Authority Brands

Apax Partners → Authority Brands
Majority stake Aug 2016

KKR to acquire Epicor Software from Apax Partners

KKR → Epicor Software Corp.
Add-on acquisition May 2019
Verified

Authority Brands (Apax-backed) acquires Clockwork Inc. from Direct Energy

Authority Brands → Clockwork Home Services
$300Mdisclosedas reported by centrica.com

Related news

  • Oncourse Home Solutions Completes Whole Business SecuritizationVerified
    apax.com· Feb 20, 2026

    Oncourse Home Solutions, a portfolio company of Apax Partners, completed a $1.66 billion whole business securitization (WBS) debt issuance, believed to be the first-ever securitization of home infrastructure warranty agreements. The WBS structure provides access to investment-grade rated debt and a durable financing platform to support organic growth and strategic M&A. The article notes that Oncourse was acquired by Apax in December 2021 via a carve-out from American Water, and Apax has since worked with management on operational improvements and targeted M&A.

  • Apax to acquire a majority stake in CEME GroupVerified
    seven2.eu· Mar 17, 2022

    Apax Partners has agreed to acquire a majority stake in CEME Group, a French leader in electrical and HVAC engineering and maintenance. The transaction will reorganize the shareholding structure, with Azulis Capital and the Desbruères family exiting, while the management team led by Jean de Vauxclairs remains. The company plans to continue organic growth and pursue acquisitions with Apax's backing. Completion is subject to regulatory approval.

  • Authority Brands welcomes the Clockwork brands into its familyVerified
    apax.com· Feb 21, 2019

    Authority Brands, a home services franchising platform backed by funds advised by Apax Partners, announced the acquisition of Clockwork, Inc. and certain affiliates from Direct Energy Group. Clockwork delivers plumbing, electrical, and HVAC services through brands including Benjamin Franklin Plumbing, Mister Sparky, and One Hour Heating & Air Conditioning. The acquisition doubles Authority Brands' system revenue to over $1 billion.

  • Apax Buys Authority BrandsVerified
    franchisorpipeline.com· Sep 24, 2018

    Apax Partners acquired Authority Brands, a franchisor of home services including The Cleaning Authority and Homewatch CareGivers, from PNC Riverarch Capital. The financial terms were not disclosed. Authority Brands' management team, led by CEO Rob Weddle, will remain in place. Apax plans to accelerate growth organically and through acquisitions, expand internationally, and leverage digitization.

  • All Investments (Listed Alphabetically) - Apax PartnersVerified
    apax.com

    This article is a page from Apax Partners' website listing their investments alphabetically, noting that it excludes legacy investments outside their current strategy in venture capital, media, or other non-core sectors. It states that Apax Funds currently invest globally across Tech, Services, and Internet/Consumer sectors. No specific deal or company activity is mentioned.

  • Who Owns Your HVAC? - Colorado HVAC Ownership DatabaseVerified
    whoownsyourhvac.org

    This article presents a public database tracking ownership of HVAC companies along Colorado's Front Range, noting that many familiar local brands have been acquired by private equity firms while keeping their names unchanged. It lists Apax Partners among the PE firms involved in such acquisitions, though no specific deal details are provided. The resource aims to help consumers identify the true ownership behind contractor brands.