Clockwork Home Services Expands Its Market Share in the Oklahoma City Area with New Acquisition
Company Added
Company Removed
Apply to Request List

Clockwork Home Services Expands Its Market Share in the Oklahoma City Area with New Acquisition

SARASOTA, Fla. & OKLAHOMA CITY--(BUSINESS WIRE)--Clockwork Home Services, Inc. (Clockwork), one of North America's fastest-growing operators of home services franchises, today announced that it has acquired Hardesty & Crick, LLC, effective October 1, 2008. This acquisition expands the reach of Clockwork's home services in the Oklahoma City area.

Hardesty & Crick, based in Oklahoma City, had 2007 revenue of $3.2 million and has 2008 projected revenue of $3.4 million. Post-acquisition, the company will operate as a fully-owned unit of Clockwork Home Services and will be managed by Deryk Ruth. As part of the agreement, the franchise will operate under the name of Hardesty Team's One Hour Air Conditioning & Heating for a transitional period and will then be branded as One Hour Air Conditioning & Heating.

Under terms of the deal, Clockwork is assuming ownership, rights and use of the company's assets, intellectual property, trucks, equipment and offices. Prior management and employees will remain at the company as Clockwork employees. Additional terms were not disclosed.

"Clockwork is committed to growing its franchise brands in key markets across the United States and in Canada," said Jim Abrams, CEO, Clockwork Home Services, Inc. "By acquiring profitable, well-managed home services companies, Clockwork is further expanding its residential customer base and building brand loyalty through our dedication to customer service."

Clockwork currently operates electrical, plumbing, heating and air conditioning franchises within its portfolio of home services franchises.

About Clockwork Home Services

Clockwork Home Services, Inc. is dedicated to improving the operations, efficiency, customer service and profitability of contractors in the home services industry in North America through affinity group membership and nationally branded franchises. Its companies include Mister Sparky® Franchising, Benjamin Franklin Plumbing® Franchising, One Hour Air Conditioning & Heating® Franchising, BuyMax®, Plumbers' Success International®, Electricians' Success International®, AirTime 500™, Roofers' Success International®, Success Academy®, AirTime Canada™ ULC, SuccessWare, Inc.® and company-owned One Hour® operations in Nevada, Florida, Tennessee, Minnesota, Indiana, California, Ohio, South Carolina, Colorado and throughout Canada; company-owned Benjamin Franklin Plumbing® operations in Indiana, Tennessee, Minnesota, Ohio, California and Colorado; and company-owned Mister Sparky® operations in Colorado, Indiana and Georgia. In 2008, Clockwork was ranked #933 on Inc. magazine's Inc. 5,000® list of fastest-growing private companies in the United States. For more information, visit www.clockworkhomeservices.com.

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Experimax
Experimax is the innovator in technology sales and service of pre-owned computers, cell phones and other electronic devices, with a special focus on...
Pet Supplies Plus
With 30+ years in the pet retail business, our pawprint continues to grow! Partner with the top dog and see how our low fees and labor costs make Pet...
Blaze Pizza
Blaze Pizza, the recognized world leader in fast, artisanal pizza, is looking to add to our team of top-tier franchise partners.
Golden Corral Buffet and Grill
Golden Corral is the nation's leading family style restaurant franchise featuring steaks, buffet and bakery items.
Quaker Steak & Lube®
Founded in 1974 in Sharon, PA, the award-winning casual dining restaurant chain has expanded over 55 locations throughout the United States and Canada
Share This Page

Subscribe to Our Newsletters

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2019.
All Rights Reserved.