Apax Partners
VerifiedPe Firm
Majority sponsor of Authority Brands since September 2018.
Ownership
- Authority Brands backed by Apax Partners Verified
Deals
Related news
- apax.com· Feb 20, 2026
Oncourse Home Solutions, a portfolio company of Apax Partners, completed a $1.66 billion whole business securitization (WBS) debt issuance, believed to be the first-ever securitization of home infrastructure warranty agreements. The WBS structure provides access to investment-grade rated debt and a durable financing platform to support organic growth and strategic M&A. The article notes that Oncourse was acquired by Apax in December 2021 via a carve-out from American Water, and Apax has since worked with management on operational improvements and targeted M&A.
- seven2.eu· Mar 17, 2022
Apax Partners has agreed to acquire a majority stake in CEME Group, a French leader in electrical and HVAC engineering and maintenance. The transaction will reorganize the shareholding structure, with Azulis Capital and the Desbruères family exiting, while the management team led by Jean de Vauxclairs remains. The company plans to continue organic growth and pursue acquisitions with Apax's backing. Completion is subject to regulatory approval.
- apax.com· Feb 21, 2019
Authority Brands, a home services franchising platform backed by funds advised by Apax Partners, announced the acquisition of Clockwork, Inc. and certain affiliates from Direct Energy Group. Clockwork delivers plumbing, electrical, and HVAC services through brands including Benjamin Franklin Plumbing, Mister Sparky, and One Hour Heating & Air Conditioning. The acquisition doubles Authority Brands' system revenue to over $1 billion.
- Apax Buys Authority BrandsVerifiedfranchisorpipeline.com· Sep 24, 2018
Apax Partners acquired Authority Brands, a franchisor of home services including The Cleaning Authority and Homewatch CareGivers, from PNC Riverarch Capital. The financial terms were not disclosed. Authority Brands' management team, led by CEO Rob Weddle, will remain in place. Apax plans to accelerate growth organically and through acquisitions, expand internationally, and leverage digitization.
- apax.com
This article is a page from Apax Partners' website listing their investments alphabetically, noting that it excludes legacy investments outside their current strategy in venture capital, media, or other non-core sectors. It states that Apax Funds currently invest globally across Tech, Services, and Internet/Consumer sectors. No specific deal or company activity is mentioned.
- whoownsyourhvac.org
This article presents a public database tracking ownership of HVAC companies along Colorado's Front Range, noting that many familiar local brands have been acquired by private equity firms while keeping their names unchanged. It lists Apax Partners among the PE firms involved in such acquisitions, though no specific deal details are provided. The resource aims to help consumers identify the true ownership behind contractor brands.