Announced
Synopsis
HomeServe USA, a provider of home repair solutions, agreed to acquire Sunbelt Group’s ServLine business division, a National Rural Water Association affinity partner, that provides water and sewer service line protection programs. Financial terms were not disclosed. “ServLine’s unique business model will enhance what HomeServe can offer to our 700 municipal and utility water partners and their customers. By acquiring ServLine and its strong partnership with the National Rural Water Association, HomeServe will be able to provide even more customers a wider variety of solutions for their homes. The acquisition strengthens HomeServe’s position in the market as the leading provider of home repair solutions,” John Kitzie, HomeServe USA CEO.
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