HomeServe

HomeServe founder Sir Richard Harpin sold half of the company to an investor for half a million pounds, a deal that worked out for the company as the investor brought credibility, software, and a call centre operation that helped the model take shape.

Summary of transaction details:

• Value: £500,000
• Sector: Business Services
• Advisor: None
• Key Entities: HomeServe, Brookfield
• Location: UK

Note: This deal highlights the importance of choosing the right investor and timing in the growth of a company, and demonstrates HomeServe's remarkable entrepreneurial journey from its founding to its eventual sale to Brookfield in 2023.