Brookfield Infrastructure
VerifiedPe Firm
Owns Service Experts (since 2018) and Enercare Home Services (since Oct 2018, ~$4.3B CAD). Infrastructure-style long hold rather than classic LBO.
Headquarters: CA (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
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.
- Enercare Home Services backed by Brookfield Infrastructure Verified
- Service Experts backed by Brookfield Infrastructure Verified
- Enercare Inc. backed by Brookfield Infrastructure reported
- HomeServe USA Part Of Brookfield Infrastructure reported
- Enercare Inc. rolled up into Brookfield Infrastructure reported
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.
- Enercare Home Services backed by Brookfield Infrastructure Verified
- Service Experts backed by Brookfield Infrastructure Verified
- Enercare Inc. backed by Brookfield Infrastructure reported
- HomeServe USA Part Of Brookfield Infrastructure reported
- Enercare Inc. rolled up into Brookfield Infrastructure reported
Market signals
Market signals
Deals
Related news
- bip.brookfield.com Nov 1, 2023
Brookfield Infrastructure's Q3 2023 letter reports strong financial results, including a 7% increase in FFO per unit. The letter mentions the expansion of its residential decarbonization infrastructure platform, including a tuck-in acquisition of an HVAC service provider in British Columbia, Canada. It also discusses scaling its rental product offering across HomeServe's HVAC service centers in the U.S. and increasing ownership in a UK residential energy solutions provider.
- marketscreener.com Jan 4, 2023
Homeserve confirms the completion of its takeover by Brookfield Infrastructure Partners LP, with its entire share capital now owned by an indirect subsidiary of Brookfield. Homeserve shares have been suspended, and the Financial Conduct Authority announces the suspension. The deal, agreed in May, was valued at GBP4.08 billion.
- bip.brookfield.com Oct 16, 2018
Brookfield Infrastructure completed its C$4.3 billion acquisition of Enercare Inc. on October 16, 2018. As a result, Enercare's common shares will be delisted from the Toronto Stock Exchange, and Enercare will apply to cease being a reporting issuer, though its subsidiary Enercare Solutions Inc. will remain a reporting issuer for its public debt.
- bip.brookfield.com Aug 1, 2018
Brookfield Infrastructure announced a C$4.3 billion transaction to acquire Enercare Inc., a North American leader in home and commercial services. The deal, unanimously supported by Enercare's board, offers shareholders C$36.50 per share in cash. Brookfield Infrastructure CEO Sam Pollock stated the acquisition provides stable, long-term cash flows and opportunities for growth.
- pehub.com
Service Experts Heating & Air Conditioning, backed by Brookfield Infrastructure, has acquired Go Solar Power, a solar, battery and roofing contractor based in Boca Raton, Florida.
- serviceexperts.com
This article provides a history of Service Experts, an HVAC and plumbing services company headquartered in Richardson, TX, and notes that it is owned by Brookfield Infrastructure. It describes the company's formation in 1996 through the consolidation of independent contractors and its subsequent growth via acquisitions. The article focuses on the company's history, leadership, and customer service, but does not discuss any recent transactions or changes in ownership.
- pehub.com
The article reports that Enercare has closed its $341 million acquisition of Service Experts, which was backed by private equity. The deal is presented as a completed transaction involving a PE-backed company.