About Authority Brands
Authority Brands is a company based in Houston (United States) founded in 2013 was acquired by Authority Brands in February 2019. It operates as a Franchise / Licensing. Authority Brands offers products and services including One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electric. Authority Brands operates in a competitive market with competitors including Wrench Group, Aeroseal, American Residential Services, Hajoca and Goettl Air Conditioning, among others.
- Headquarter Houston, United States
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Sectors
Business Services
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Phone
*********
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Website
*********
- Legal Name One Hour Air Conditioning Franchising, L.L.C.; Mister Sparky Franchising, L.L.C.; Benjamin Franklin Franchising, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Direct Energy
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Authority Brands
Authority Brands offers a comprehensive portfolio of products and services, including One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electric. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Heating and air conditioning services are provided professionally.
Plumbing solutions are offered for residential and commercial needs.
Electrical repair and installation services are delivered efficiently.
Funding Insights of Authority Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Authority Brands
Authority Brands has secured backing from 2 investors. Prominent investors backing the company include Direct Energy and Authority Brands. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Home maintenance and repair services are delivered via franchise brands.
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Founded Year | Domain | Location | |
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Direct Energy is recognized as an electricity and natural gas provider.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Authority Brands
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Authority Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Authority Brands Comparisons
Competitors of Authority Brands
Authority Brands operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wrench Group, Aeroseal, American Residential Services, Hajoca and Goettl Air Conditioning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Web application that enables tradesmen to create customized preventive maintenance programs
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| domain | founded_year | HQ Location |
Duct sealing services are provided to homes and industries.
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| domain | founded_year | HQ Location |
Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses
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| domain | founded_year | HQ Location |
Offers comprehensive HVAC repair, plumbing, and other maintenance services.
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| domain | founded_year | HQ Location |
HVAC and plumbing services are provided by Goettl Air Conditioning.
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| domain | founded_year | HQ Location |
HVAC, plumbing, and related home services are provided nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Authority Brands
Frequently Asked Questions about Authority Brands
When was Authority Brands founded?
Authority Brands was founded in 2013.
Where is Authority Brands located?
Authority Brands is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What does Authority Brands do?
Authority Brands is involved in providing franchise opportunities within the home services sector. Operations are focused on heating, air conditioning, plumbing, and electrical services through brands like One Hour Heating Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electric. Franchise models are utilized to expand service reach across various states in the U.S., with compliance to state-specific regulations for franchise offerings.
Who are the top competitors of Authority Brands?
Authority Brands's top competitors include Aeroseal, Wrench Group and Nana.
What products or services does Authority Brands offer?
Authority Brands offers One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electric.
Who are Authority Brands's investors?
Authority Brands has 2 investors. Key investors include Direct Energy, and Authority Brands.
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