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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