Oncourse Home Solutions

Naperville, Illinois

Classification

Private

About

About

Oncourse Home Solutions provides home protection solutions designed to help homeowners manage and reduce unexpected repair and maintenance costs. The company delivers a range of flexible home repair and warranty services covering interior systems such as plumbing, electrical, HVAC, and appliances, as well as exterior service lines and infrastructure protection. Its services are offered both directly to consumers and in partnership with utilities, municipalities, insurers, and service providers. Product Breakdown Home Warranty and Protection Plans Oncourse Home Solutions offers comprehensive home protection coverage plans that shield homeowners from the financial burden of unexpected system and appliance failures. Plans typically include repairs and replacements for major household systems like heating, ventilation, and air conditioning (HVAC), plumbing, and electrical systems. In-Home and Service Line Programs The company's portfolio covers both inside-home services and outside service lines, including water line, sewer line, external gas line, and electrical line protection. These programs help homeowners mitigate expensive breakdowns beyond the home's interior. Appliance Protection Services Through the acquisition of the Consumers Energy Appliance Service Plan business, Oncourse expanded its appliance protection offerings. These plans provide coverage for repair and replacement of household appliances and include access to scheduling and service support. Partnership and Utility-Integrated Solutions Oncourse collaborates with utilities and local municipalities to deliver tailored protection plans and repair services, allowing partner organizations to offer additional value to their customers.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

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

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

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

Deals

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%

Funding

Keywords

Keywords

Classified

Private