Deal announced Jul 2015 · Massachusetts / New Hampshire Verified
Direct Energy to acquire northeastern appliance rental company for $4.5M
Direct Energy entered an agreement to acquire all assets of a northeastern U.S. appliance rental company for $4.5 million, gaining approximately 14,000 home-services customers in Massachusetts and New Hampshire who rent water heaters or HVAC equipment or hold protection plans.
“SARASOTA, Fla. — Direct Energy®, one of North America’s leading energy, commercial retail energy, and energy-related services providers, announced it has entered into an agreement to acquire all the assets of an appliance rental company based in the northeast United States for $4.5 million.”
Entities
Direct Energy · Acquirer
HVACPlumbing Sentiment: Positive
Source: www.achrnews.com
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