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As a result, HomeServe suspended all UK sales activity between October 2011 and January 2012 for retraining sales staff [39] [40] [41] and was fined £30,647,400 by the FCA in 2014. [42] Throughout this period, three private equity groups looked to acquire the company but were rejected by HomeServe's board.
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Vetted Limited, trading as Checkatrade, is a site which connects homeowners with approved local tradespeople.It is a subsidiary of Brookfield Corporation. [2]Checkatrade was founded by Kevin Byrne OBE and headquartered in Selsey, West Sussex, for 21 years before relocating to Portsmouth, Hampshire, in 2019 following its acquisition by HomeServe.
In early 2023, HomeServe underwent a significant development as it was sold in a take-private deal to the Canadian investment firm Brookfield Asset Management for £4.1 billion. [6] Harpin emphasised Brookfield's role as a "long-term investor in growth," expressing the intention to accelerate expansion and contribute to the decarbonisation ...
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Middleton started his career in 1984 as a brand manager at Procter & Gamble, a role he held until he became a consultant at PricewaterhouseCoopers in 1988. [1] [3]He co-founded emergency repairs company HomeServe in 1990, and has served on its executive committee since 1992.
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