A Norwalk-based household-repair underwriter has acquired an Ohio-based provider of home-repair service plans.
HomeServe USA Corp. bought The Manchester Group LLC, doing business as IGS Home Warranty, from Dublin, Ohio-based Interstate Gas Supply LLC, doing business as IGS Energy.
The financial terms of the deal, which was finalized on July 31, were not disclosed.
HomeServe said the acquisition “marks a significant step in HomeServe’s mission” to expand its customer base across North America.
Manchester provides repair service plans to IGS Energy’s residential retail energy customers, providing homeowners with repair coverage for plumbing, electric, HVAC and other household appliances and systems.
As a result of the deal, HomeServe said it has obtained about 113,000 repair service plans that are in place with IGS Energy residential customers in Georgia, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Ohio, Pennsylvania, South Carolina and Texas.
HomeServe also acquired service plans offered through Citizens Energy Group in Indianapolis under the UtilityShield brand and SCANA Energy in Georgia under the SCANA Home Warranty brand.
HomeServe has more than 4.5 million customers across North America.
