Claire VearesInternational home repairs and improvement company HomeServe has paid £54m to acquire the remaining 60% of Checkatrade, the directory of recommended tradesmen.
Richard Harpin, Founder and Group Chief Executive, HomeServe plc, commented: “I am excited by the potential for HomeServe to become a global online home repairs and improvements platform, delivered via Checkatrade and Habitissimo where we already have a majority holding.
Today’s announcement that we are buying the remaining 60% of Checkatrade brings the realisation of this vision substantially closer. Checkatrade is the market leader in the UK, and delivers a first class customer experience.”