Heartland Home Services, Inc.
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Heartland Home Services, Inc. - overview
Established
2017
Location
Grand Rapids, MI, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Heartland Home Services, Inc. is a U. S. -based company specializing in partnerships with aftermarket replacement, service, and maintenance businesses in the home services sector, ensuring operational efficiency and a quality customer experience.
Founded in 2017 and headquartered in Grand Rapids, Michigan, Heartland Home Services, Inc. provides residential home services through strategic collaborations. The company has successfully executed 2 deals, with the most recent occurring on November 20, 2020. The CEO, William Viveen, leads the company in its mission to enhance the home services landscape.
Heartland Home Services specializes in residential home services by nurturing partnerships with aftermarket replacement, service, and maintenance companies. Their core offerings enhance operational efficiency for home service businesses while ensuring a positive customer experience. The services empower businesses with advanced technology and skilled technicians to address common homeowner issues, such as HVAC maintenance, plumbing, and electrical services, across multiple markets in the United States. Heartland Home Services generates revenue primarily through its partnerships with various home service brands.
Utilizing a business-to-business (B2B) model, the company offers resources and support to affiliated service companies, facilitating their operational growth. Revenue originates from service agreements and joint marketing initiatives, allowing partners to access tailored, scalable solutions. Flagship services include operational support in purchasing, financing, and training, reinforcing their role as a preferred partner in the home services sector. Heartland Home Services, Inc.
aims to leverage the recent recapitalization deal finalized on November 20, 2020, with The Jordan Company and Cobepa acquiring a minority stake to bolster its long-term growth. The acquisition will support the expansion of its home services solutions, although specific new products or geographic market expansion plans have yet to be disclosed.
Current Investors
TJC, Cobepa, Schroders Capital
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.heartlandhomeservices.com
Total Amount Raised
Subscriber access only
Heartland Home Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Heartland Home Services, Inc. | - | ||||||||
| Add-on | Completed | Superior Drainage | - | ||||||||
| Add-on | Completed | Blind & Sons, Inc. | - | ||||||||
| Add-on | Completed | First Call Plumbing, Inc. | - | ||||||||
| Add-on | Completed | A+ Derr Heating & Cooling | - |
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