EnerCare Inc.

Markham, Ontario

About EnerCare Inc.

Company overview

EnerCare Inc. is a provider of essential home and commercial services, specializing in heating, cooling, water heating, water treatment, plumbing, and electrical services. The company is known for delivering reliable, high-quality solutions to enhance home comfort and energy efficiency. EnerCare is committed to customer satisfaction through its comprehensive maintenance plans, installation services, and energy-saving products. Product Breakdown: EnerCare offers a diverse range of products and services aimed at ensuring optimal home comfort and efficiency. Their heating services include furnace and boiler repair, replacement, and rental, along with comprehensive protection and maintenance plans. Cooling solutions cover air conditioner repair, replacement, rental, and associated maintenance plans. For water services, EnerCare provides water heater repair and replacement, tankless water heaters, and water treatment systems, including water softeners and filtration solutions. Their plumbing and electrical services encompass repairs, protection plans, and the installation of EV chargers and generators. EnerCare also offers smart home solutions and special packages for energy management and home automation.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee--------------------
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Jane DoeEmployee--------------------
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John DoeEmployee--------------------
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John DoeEmployee--------------------
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401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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