Oncourse Home Solutions
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
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
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
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
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