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Majority stake Announced Jun 2010 Verified

Direct Energy (Centrica) acquires Clockwork Home Services for $183M

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Relationship map for Direct Energy (Centrica) acquires Clockwork Home Services for $183Mparent ofDirect Energy (Centrica): StrategicDirect Energy (Centri…Clockwork Home Services: FranchisorCHClockwork Home Servic…
FranchisorStrategic

Parties

Acquirer
Direct Energy (Centrica)
Strategic
Target
Clockwork Home Services
Franchisor

Market signals

Summary

Direct Energy (Centrica) acquired Clockwork Home Services for $183M in June 2010; sold the franchises to Authority Brands in 2019 for $300M. Value confirmed by primary Centrica PR.

Primary source