HomeServe USA Acquires ServLine

February 17, 2020

HomeServe USA has acquired Chattanooga-based ServLine, a provider of water and sewer service line protection and leak adjustment programs serving rural utilities across 18 states. FourBridges Capital advised ServLine on the transaction; ServLine founders Mark Slater and Gerry Harstine exited in the sale to the HomeServe subsidiary of UK-listed HomeServe PLC.

Buyers
HomeServe USA
Targets
ServLine
Sellers
Mark Slater, Gerry Harstine
Industry
Utilities
Location
Tennessee, United States
Transaction Type
Buyout

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