Clockwork Home Services

Houston, United States Founded: 1998 • Age: 28 yrs Acquired By Authority Brands
Marketing, branding, and franchising services are provided for home services.

About Clockwork Home Services

Clockwork Home Services is a company based in Houston (United States) founded in 1998 by Jim Abrams, and was acquired by Authority Brands in February 2019. Marketing, branding, and franchising services are provided for home services. Its chief executive, as recorded, is Jim Abrams.

Company details

Clockwork was founded in 1998 and is headquartered in Houston, United States. Operations focus on the home services sector, where marketing, branding, and franchising support is offered to businesses. Services encompass strategic marketing initiatives, brand development, and franchise management to aid expansion. The company serves clients primarily in the United States, with leadership provided by Co-Founder and CEO Jim Abrams.

  • Headquarters Houston, United States
  • Founders Jim Abrams
  • Stage Acquired
  • Email
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  • Phone
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  • Website clockworkhomeservices.com
  • Social X
  • Acquired by Authority Brands (Feb 2019)
Key Metrics

Funding Insights of Clockwork Home Services

  • Total Rounds 1
  • Last Round Debt – Venture β€” $120M
  • First Round $120M

    (May 2008)

  • Investors Count 3

All 1 funding rounds of Clockwork Home Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2008$120MDebt – Venture––
Valuation history

5 investors in total: 5 institutional.

Investors in Clockwork Home Services

Clockwork Home Services has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Prudential, Wells Fargo and Direct Energy.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Private capital is provided to middle-market companies globally.
prudentialcapitalgroup.comNewark, United States
Life, health, and financial insurance services are provided globally.
1875prudential.comNewark, United States
Diverse financial services and online banking are provided to clients.
1852wellsfargo.comSan Francisco, United States
Home maintenance and repair services are delivered via franchise brands.
1996theauthoritybrands.comColumbia, United States
Direct Energy is recognized as an electricity and natural gas provider.
1986directenergy.comHouston, United States
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Investor details for Clockwork Home Services

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Clockwork Home Services

1 people are tracked at Clockwork Home Services (1 in leadership).

NameRoleGroup
Jim Abrams
Co-Founder & CEOLeadership
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Complete people profiles for Clockwork Home Services

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Clockwork Home Services

4 dated milestones of Clockwork Home Services across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Clockwork Home Services is founded.
  2. Funding First funding round of $120.0M.
  3. Exit Acquired by Direct Energy.
  4. Exit Acquired by Authority Brands.

Web traffic of Clockwork Home Services

Websites that share an audience with Clockwork Home Services (clockworkhomeservices.com).

Similar websites

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Related news about Clockwork Home Services

Authority Brands Acquires Clockwork
Baltimore β€’ 7 years ago
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Complete news archive for Clockwork Home Services

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  • Full article archive
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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Clockwork Home Services

Clockwork Home Services was founded in 1998 and raised its 1st funding round 10 years after it was founded.

Clockwork Home Services is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Jim Abrams is the CEO of Clockwork Home Services, as recorded in our data. They have also founded this company.

Clockwork was founded in 1998 and is headquartered in Houston, United States. Operations focus on the home services sector, where marketing, branding, and franchising support is offered to businesses. Services encompass strategic marketing initiatives, brand development, and franchise management to aid expansion. The company serves clients primarily in the United States, with leadership provided by Co-Founder and CEO Jim Abrams.

Clockwork Home Services has 5 investors. Key investors include Prudential, Wells Fargo, Direct Energy, Authority Brands, and PGIM Private Capital.

Yes. Clockwork Home Services was acquired by Authority Brands in February 2019.

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