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Deal closed New Jun 2026 Verified

Direct Energy completes sale of Clockwork to Authority Brands

Direct Energy sold Clockwork, Inc. and affiliates to Authority Brands for $300 million.

“successfully completed the $300 million sale of Clockwork, Inc. and certain of its affiliates ("Clockwork") to Authority Brands”

Entities

ElectricalHVACPlumbing Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.