Add-on acquisition Oct 2007 · United States Verified
Clockwork Home Services acquires multiple HVAC/plumbing/electrical franchisees as wholly-owned units
Clockwork Home Services acquired several plumbing, HVAC, and electrical franchise operators across U.S. markets, converting them into fully-owned company retail units under its One Hour, Benjamin Franklin Plumbing, and Mister Sparky brands. A multi-market tuck-in of independent home-service contractors into a consolidator.
“Clockwork also acquired several plumbing, air conditioning, heating, and electrical franchisees operating in markets across the United States. The acquired companies will operate in their respective markets under the One Hour Air Conditioning & Heating, Benjamin Franklin Plumbing, and Mister Sparky Electrical brands as fully-owned Clockwork retail units.”
Entities
Clockwork Home Services · Acquirer Candlelight Electric Co. · Target Candlelight Heating and Air Inc. · Target Candlelight Plumbing Inc. · Target Climate Select Inc. · Target Mitchell Heating and Cooling Inc. · Target Myrtle Beach Heating and Cooling Inc. · Target
ElectricalHVACPlumbing
Source: www.achrnews.com
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