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Clockwork Home Services

Verified

Franchisor

Sarasota, FL, US
HvacPlumbingElectrical

Franchisor of One Hour Heating & Air, Benjamin Franklin Plumbing, Mister Sparky; founded 1999, Direct Energy 2010, Authority Brands 2019.

Headquarters

US hq by state Alaska: no recorded hq Alabama: no recorded hq Arkansas: no recorded hq Arizona: no recorded hq California: no recorded hq Colorado: no recorded hq Connecticut: no recorded hq District of Columbia: no recorded hq Delaware: no recorded hq Florida: 1 hq Georgia: no recorded hq Hawaii: no recorded hq Iowa: no recorded hq Idaho: no recorded hq Illinois: no recorded hq Indiana: no recorded hq Kansas: no recorded hq Kentucky: no recorded hq Louisiana: no recorded hq Massachusetts: no recorded hq Maryland: no recorded hq Maine: no recorded hq Michigan: no recorded hq Minnesota: no recorded hq Missouri: no recorded hq Mississippi: no recorded hq Montana: no recorded hq North Carolina: no recorded hq North Dakota: no recorded hq Nebraska: no recorded hq New Hampshire: no recorded hq New Jersey: no recorded hq New Mexico: no recorded hq Nevada: no recorded hq New York: no recorded hq Ohio: no recorded hq Oklahoma: no recorded hq Oregon: no recorded hq Pennsylvania: no recorded hq Rhode Island: no recorded hq South Carolina: no recorded hq South Dakota: no recorded hq Tennessee: no recorded hq Texas: no recorded hq Utah: no recorded hq Virginia: no recorded hq Vermont: no recorded hq Washington: no recorded hq Wisconsin: no recorded hq West Virginia: no recorded hq Wyoming: no recorded hq
Headquarters: Sarasota, FL, US.

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 Clockwork Home ServicesDivestedPart OfPart OfPart Ofbacked bybacked byparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intoAction Furnace: Operating CompanyAction FurnaceAirco Mechanical Ltd.: Operating CompanyAirco Mechanical Ltd.Apax Partners: Pe FirmAPApax PartnersAuthority Brands: FranchisorAuthority BrandsBenjamin Franklin Plumbing: Operating CompanyBenjamin Franklin Plu…Candlelight Electric Co.: Operating CompanyCECandlelight Electric …Candlelight Heating and Air Inc.: Operating CompanyCHCandlelight Heating a…Candlelight Plumbing Inc.: Operating CompanyCPCandlelight Plumbing …Centrica: Operating CompanyCECentricaClimate Select Inc.: Operating CompanyCSClimate Select Inc.Clockwork Home Services: FranchisorCHClockwork Home Servic…Direct Energy: PlatformDirect EnergyDirect Energy (Centrica): StrategicDirect Energy (Centri…Hardesty & Crick LLC: Operating CompanyHCHardesty & Crick LLCHome Warranty of America: Operating CompanyHome Warranty of Amer…Mister Sparky: Operating CompanyMister SparkyMitchell Heating and Cooling Inc.: Operating CompanyMHMitchell Heating and …Myrtle Beach Heating and Cooling Inc.: Operating CompanyMBMyrtle Beach Heating …NRG Energy: StrategicNENRG EnergyOne Hour Air Conditioning & Heating by Joe Ellis: Operating CompanyOHOne Hour Air Conditio…One Hour Heating and Cooling: Operating CompanyOne Hour Heating and …PNC Riverarch Capital: Pe FirmPRPNC Riverarch CapitalResidential Services Group: Operating CompanyRSResidential Services …Residential Services Group (RSG): Operating CompanyRSResidential Services …SuccessWare Inc.: Operating CompanySISuccessWare Inc.Sutherlin Inc.: Operating CompanySISutherlin Inc.T.A. Kaiser Heating & Air Inc.: Operating CompanyTAT.A. Kaiser Heating &…
FranchisorOperating CompanyPe FirmPlatformStrategic

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 timeline200720082007 · Add-on acquisition → Candlelight Electric Co.2007 · Add-on acquisition → Candlelight Heating and Air Inc.2007 · Add-on acquisition → Candlelight Plumbing Inc.2007 · Add-on acquisition → Climate Select Inc.2007 · Add-on acquisition → Mitchell Heating and Cooling Inc.2007 · Add-on acquisition → Myrtle Beach Heating and Cooling Inc.2007 · Add-on acquisition → One Hour Air Conditioning & Heating by Joe Ellis2007 · Add-on acquisition → SuccessWare Inc.2007 · Add-on acquisition → Sutherlin Inc.2008 · Add-on acquisition → Hardesty & Crick LLC
10 recorded deals, 2007–2008verifiedunverified

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: no recorded 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: 2 acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded 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: 1 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: no recorded 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. Indiana 2
  2. 2. Oklahoma 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Clockwork Home Services acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Nov 2011

Direct Energy acquired Clockwork Home Services in 2010

Direct Energy (Centrica) → Clockwork Home Services
Majority stake Jun 2010

Direct Energy to acquire Clockwork Home Services for $183 million

Direct Energy → Clockwork Home Services
$183M reported total considerationas reported by supplyht.com
Platform creation Jan 1999

Jim Abrams founds Clockwork Home Services

→ Clockwork Home Services
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
Add-on acquisition Jan 2024

Authority Brands acquires Clockwork Inc.

Authority Brands → Clockwork Home Services
Majority stake Jul 2010

Direct Energy completes $183M acquisition of Clockwork Home Services

Centrica → Clockwork Home Services
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Candlelight Electric Co.
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Candlelight Heating and Air Inc.
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Candlelight Plumbing Inc.
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Climate Select Inc.
Add-on acquisition Oct 2008

Clockwork Home Services acquires Hardesty & Crick (Oklahoma City)

Clockwork Home Services → Hardesty & Crick LLC
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Mitchell Heating and Cooling Inc.
Add-on acquisition Sep 2007

Clockwork Home Services acquires multiple HVAC, plumbing, and electrical franchisees

Clockwork Home Services → Myrtle Beach Heating and Cooling Inc.
Add-on acquisition Sep 2007

Clockwork Home Services acquires Sutherlin (One Hour Air Conditioning & Heating by Joe Ellis)

Clockwork Home Services → One Hour Air Conditioning & Heating by Joe Ellis
Add-on acquisition Oct 2007

Clockwork acquires software firm SuccessWare

Clockwork Home Services → SuccessWare Inc.
Add-on acquisition Sep 2007

Clockwork Home Services acquires Sutherlin (One Hour Air Conditioning & Heating by Joe Ellis)

Clockwork Home Services → Sutherlin Inc.
Majority stake Oct 2010
Verified

Direct Energy acquired Clockwork Home Services in 2010

Direct Energy (Centrica) → Clockwork Home Services
$183Mdisclosedas reported by centrica.com