HomeServe PLC Acquires Majority Stake in eLocal USA

November 19, 2019

HomeServe PLC agreed to acquire a majority stake in Conshohocken-based eLocal USA LLC, a pay-for-performance advertising and lead-generation platform, to form the foundation of its Home Expert business in the United States. eLocal—backed previously by LLR Partners and employing roughly 130 people—will remain led by founders Andrew and Bruce Aronow and will operate separately from HomeServe’s Membership and HVAC businesses.

Buyers
HomeServe PLC, HomeServe USA Corp.
Targets
eLocal USA LLC
Sellers
LLR Partners
Location
Pennsylvania, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.