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Home Warranty of America Is Acquired by Direct Energy

Home News
November 14, 2011, 4 pm
Reading Time: 1 min read

Home Warranty of America (HWA), a leading supplier of whole home protection plans across the United States, has been acquired by Direct Energy, North America’s largest competitive energy and energy-related services company, the company has announced.

Headquartered in Buffalo Grove, Illinois, HWA provides whole home warranty services directly to customers and through a national network of real estate agents, insurance professionals, relocation companies, developers, title companies, bankers, home inspectors and mortgage brokers. With the necessary capabilities and licenses to operate in all 50 states, HWA’s comprehensive service delivery network, enterprise software and call center will support Direct Energy’s continued growth as North America’s largest home energy service provider.

“Direct Energy’s commitment to providing the most comprehensive, flexible, value-priced services plans, delivering superior in-house customer service, and national footprint make them our ideal partner as we continue to grow our business,” states Marc Roth, president of HWA.

In 2010, Direct Energy Services acquired Florida-based Clockwork Home Services to become the largest provider of heating, cooling, plumbing and electrical services, serving more than three million households annually in North America. Clockwork Home Services complements the HWA’s existing business, enhancing its ability to offer protection plans to cover this substantial customer base. The Clockwork network includes the One Hour Heating and Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky brands.

“The further expansion of our Services business is an essential component of our North American growth strategy,” said Chris Weston, President and CEO of Direct Energy. “Direct Energy Services is already a leader in the Canadian home protection plan market, and the acquisition of HWA will accelerate Direct Energy’s access to the US market and its huge growth potential.”

For more information, visit www.hwaHomeWarranty.com.

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