Authority Brands acquires Clockwork Inc. from Direct Energy

Home services franchising platform Authority Brands, backed by funds advised by Apax Partners, acquired Clockwork Inc. (Benjamin Franklin Plumbing, One Hour Heating & Air Conditioning, Mister Sparky Electric) from Direct Energy Group. The deal closed May 1, 2019.

“home services brand Clockwork Inc. has been acquired from Direct Energy Group by Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners.”

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