HomeServices

Minneapolis, United States Founded: 1998 • Age: 28 yrs Acquired By Berkshire Hathaway Energy
Network of residential brokerage firms
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About HomeServices

HomeServices is a company based in Minneapolis (United States) founded in 1998 by Ron Peltier was acquired by Berkshire Hathaway Energy in June 1998.. The company has 4,485 employees as of December 31, 2022. HomeServices has completed 12 acquisitions, including Allie Beth Allman & Associates, BERKSHIRE HATHAWAY HomeServices Florida Realty and Berkshire Hathaway HomeServices Ambassador Real Estate.

  • Headquarter Minneapolis, United States
  • Employees 4485 as on 31 Dec, 2022
  • Founders Ron Peltier
  • Email
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  • Phone
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  • Website
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Operational Areas
Key Metrics
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People of HomeServices
Headcount 5000-10000
Employee Profiles 11
Employee Profiles
People
Jon Coile
VP, MLS & Industry Relations
People
Chris Sears
VP, Business Development
People
Mike Browne
VP & General Counsel
People
Steven John
President & CEO

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Funding Insights of HomeServices

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

Investors in HomeServices

HomeServices has secured backing from 1 investor. Prominent investors backing the company include Berkshire Hathaway Energy. 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.

All
Investor Description Founded Year Domain Location
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Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HomeServices

HomeServices has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Allie Beth Allman & Associates, BERKSHIRE HATHAWAY HomeServices Florida Realty and Berkshire Hathaway HomeServices Ambassador Real Estate. 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
Diversified real estate brokerage services are provided online.
1999
Brokerage services for luxury homes are provided in Dallas.
1985
Insurance underwriting services for title policies are provided nationwide.
1984
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 - HomeServices

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

Homeservices Comparisons

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Competitors of HomeServices

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 Homeservices

Frequently Asked Questions about HomeServices

When was HomeServices founded?

HomeServices was founded in 1998.

Where is HomeServices located?

HomeServices is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

How many employees does HomeServices have?

As of Dec 31, 2022, the latest employee count at HomeServices is 4,485.

What does HomeServices do?

HomeServices was founded in 1998 in Minneapolis, United States, within the real estate sector. A broad network of residential brokerage firms, mortgage companies, settlement service providers, and insurance companies is maintained. Title and escrow services, along with relocation support, are offered to facilitate home transactions. Operations are centered in the United States, supporting various aspects of residential property dealings.

How many acquisitions has HomeServices made?
Who are HomeServices's investors?

HomeServices has 1 investor. Key investors include Berkshire Hathaway Energy.

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