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Direct Energy (Centrica)

Verified

Strategic

Direct Energy (Centrica) logo
Houston, TX, US Website
HvacPlumbingElectrical

Centrica subsidiary; owned the Clockwork franchise brands 2010 ($183M) to 2019 ($300M sale to Authority Brands).

Headquarters

US hq by state Alaska: no recorded hq Alabama: no recorded hq Arkansas: no recorded hq Arizona: no recorded hq California: no recorded hq Colorado: no recorded hq Connecticut: no recorded hq District of Columbia: no recorded hq Delaware: no recorded hq Florida: no recorded hq Georgia: no recorded hq Hawaii: no recorded hq Iowa: no recorded hq Idaho: no recorded hq Illinois: no recorded hq Indiana: no recorded hq Kansas: no recorded hq Kentucky: no recorded hq Louisiana: no recorded hq Massachusetts: no recorded hq Maryland: no recorded hq Maine: no recorded hq Michigan: no recorded hq Minnesota: no recorded hq Missouri: no recorded hq Mississippi: no recorded hq Montana: no recorded hq North Carolina: no recorded hq North Dakota: no recorded hq Nebraska: no recorded hq New Hampshire: no recorded hq New Jersey: no recorded hq New Mexico: no recorded hq Nevada: no recorded hq New York: no recorded hq Ohio: no recorded hq Oklahoma: no recorded hq Oregon: no recorded hq Pennsylvania: no recorded hq Rhode Island: no recorded hq South Carolina: no recorded hq South Dakota: no recorded hq Tennessee: no recorded hq Texas: 1 hq Utah: no recorded hq Virginia: no recorded hq Vermont: no recorded hq Washington: no recorded hq Wisconsin: no recorded hq West Virginia: no recorded hq Wyoming: no recorded hq
Headquarters: Houston, TX, US.

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for Direct Energy (Centrica)DivestedPart OfPart OfPart OfPart Ofbacked bybacked bybacked byparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intorolled up intoAirco Mechanical Ltd.: Operating CompanyAirco Mechanical Ltd.Airtron Heating & Air Conditioning: Operating CompanyAirtron Heating & Air…Authority Brands: FranchisorAuthority BrandsCandlelight Electric Co.: Operating CompanyCECandlelight Electric …Candlelight Heating and Air Inc.: Operating CompanyCHCandlelight Heating a…Candlelight Plumbing Inc.: Operating CompanyCPCandlelight Plumbing …Centrica: Operating CompanyCECentricaClimate Select Inc.: Operating CompanyCSClimate Select Inc.Clockwork Home Services: FranchisorCHClockwork Home Servic…Direct Energy: PlatformDirect EnergyDirect Energy (Centrica): StrategicDirect Energy (Centri…Encompass Services Corp.: PlatformESEncompass Services Co…Hardesty & Crick LLC: Operating CompanyHCHardesty & Crick LLCHome Warranty of America: Operating CompanyHome Warranty of Amer…Mitchell Heating and Cooling Inc.: Operating CompanyMHMitchell Heating and …Myrtle Beach Heating and Cooling Inc.: Operating CompanyMBMyrtle Beach Heating …One Hour Air Conditioning & Heating by Joe Ellis: Operating CompanyOHOne Hour Air Conditio…Residential Services Group (RSG): Operating CompanyRSResidential Services …SuccessWare Inc.: Operating CompanySISuccessWare Inc.Sutherlin Inc.: Operating CompanySISutherlin Inc.T.A. Kaiser Heating & Air Inc.: Operating CompanyTAT.A. Kaiser Heating &…
FranchisorOperating CompanyPlatformStrategic

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline200420052006200720082009201020112004 · Majority stake → Residential Services Group (RSG)2008 · Add-on acquisition → Airco Mechanical Ltd.2010 · Majority stake → Clockwork Home Services (verified)2011 · Majority stake → Clockwork Home Services
4 recorded deals, 2004–2011verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: 2 acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: no recorded acquired companies Ohio: 1 acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: 1 acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Florida 2
  2. 2. Ohio 1
  3. 3. Texas 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Direct Energy (Centrica) acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Nov 2011

Direct Energy acquired Clockwork Home Services in 2010

Direct Energy (Centrica) → Clockwork Home Services
Majority stake Oct 2004

Direct Energy to acquire Residential Services Group (HVAC/plumbing home services)

Direct Energy (Centrica) → Residential Services Group (RSG)
Add-on acquisition Aug 2008

Direct Energy acquires Airco Mechanical (Austin, TX)

Direct Energy (Centrica) → Airco Mechanical Ltd.
Majority stake Oct 2010
Verified

Direct Energy acquired Clockwork Home Services in 2010

Direct Energy (Centrica) → Clockwork Home Services
$183Mdisclosedas reported by centrica.com