Deal announced Jun 2010 · North America Verified
Direct Energy to acquire Clockwork Home Services for $183 million
Direct Energy agreed to acquire Clockwork Home Services for $183 million, creating what it describes as North America's largest provider of heating & cooling, plumbing and electrical services to homeowners, with brands One Hour Heating and Cooling, Mister Sparky and Benjamin Franklin Plumbing.
“[Direct Energy](link:http://www.directenergy.com) has reached an agreement to acquire [Clockwork Home Services](link:http://www.clockworkhomeservices.com) for $183 million to create North America’s largest provider of heating & cooling, plumbing and electrical services to homeowners with operations in almost every U.S. state and Canadian province.”
Entities
Clockwork Home Services · Target Benjamin Franklin Plumbing · Subsidiary Direct Energy · Acquirer Mister Sparky · Subsidiary One Hour Heating and Cooling · Subsidiary
ElectricalHVACPlumbing
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