HomeServe

Walsall, United Kingdom Founded: 1993 • Age: 33 yrs
Home emergency insurance and repair services are provided to customers.
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About HomeServe

HomeServe is a company based in Walsall (United Kingdom) founded in 1993 by Richard Harpin.. The company has 8,634 employees as of June 30, 2022. HomeServe has completed 6 acquisitions, including Chem-Dry, DEC Energies and EnergyGo. HomeServe offers products and services including Home Repair Service, Membership Plans, and Checkatrade. HomeServe operates in a competitive market with competitors including Mitie, Mears Group, Bellevie Homecare, Replay Maintenance and Bidvest Noonan, among others.

  • Headquarter Walsall, United Kingdom
  • Employees 8634 as on 30 Jun, 2022
  • Founders Richard Harpin
  • Stage Public
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Homeserve Limited
  • Date of Incorporation 24 Sep, 1991
Operational Areas
Business Services → Professional & Consulting Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $164.81 M (USD), Post-IPO

    Oct 19, 2017

  • Investors
  • Employee Count
    8634

    as on Jun 30, 2022

  • Investments & Acquisitions
    Chem-Dry

    & 5 more

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Products & Services of HomeServe

HomeServe offers a comprehensive portfolio of products and services, including Home Repair Service, Membership Plans, and Checkatrade. 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.

Primary

Provides repairs and maintenance for home emergencies.

Offers ongoing support for home repairs and efficiency.

Platform connecting users with trusted home service experts.

Funding Insights of HomeServe

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $164.8M
  • First Round

    (19 Oct 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Post-IPO - HomeServe Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by HomeServe

HomeServe has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Chem-Dry, DEC Energies and EnergyGo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of solutions for solar simulation
2010
HVAC, plumbing, electrical installation, maintenance, and repair services are provided.
2009
Online lead generation platform for local businesses
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HomeServe

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Homeserve Comparisons

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Competitors of HomeServe

HomeServe 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 Mitie, Mears Group, Bellevie Homecare, Replay Maintenance and Bidvest Noonan, 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
domain founded_year HQ Location
Facilities management, consulting, and engineering services are provided globally.
domain founded_year HQ Location
Housing and care services are provided across the UK.
domain founded_year HQ Location
Provider of well-being home care services
domain founded_year HQ Location
Provider of maintenance services
domain founded_year HQ Location
Home maintenance services are provided to residential customers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Homeserve

Frequently Asked Questions about HomeServe

When was HomeServe founded?

HomeServe was founded in 1993 and raised its 1st funding round 24 years after it was founded.

Where is HomeServe located?

HomeServe is headquartered in Walsall, United Kingdom. It is registered at Walsall, West Midlands, United Kingdom.

Who is the current CEO of HomeServe?

Richard Harpin is the current CEO of HomeServe. They have also founded this company.

How many employees does HomeServe have?

As of Jun 30, 2022, the latest employee count at HomeServe is 8,634.

What does HomeServe do?

HomeServe was founded in 1993 in Walsall, United Kingdom, within the home services sector. Insurance coverage and repair solutions for residential emergencies are offered by the company. Operations center on addressing plumbing, heating, and electrical issues for homeowners. Leadership is provided by Richard Harpin as founder and CEO, alongside Chris Day as director. Services extend across the UK and select international markets.

Who are the top competitors of HomeServe?

HomeServe's top competitors include Mitie, Bellevie Homecare and Mears Group.

What products or services does HomeServe offer?

HomeServe offers Home Repair Service, Membership Plans, and Checkatrade.

How many acquisitions has HomeServe made?

HomeServe has made 6 acquisitions, including Chem-Dry, DEC Energies, and EnergyGo.

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