HomeServices of America Acquires Real Estate Agency 1000WATT

Business Wire··US·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

HomeServices of America announced today that it has acquired 1000WATT, a strategy, research and creative agency focused on residential real estate. The deal brings 1000WATT's original research and content engine, its industry thought leadership platform and its creative services team into HomeServices of America and HSF Affiliates, including the Berkshire Hathaway HomeServices franchise network. 1000WATT co-founders Brian Boero and Marc Davison will serve as Chief Marketing & Strategy Officer and Chief Creative Officer of HomeServices of America respectively, and the entire 1000WATT team will join the company across strategy, research, copywriting, design, creative development, project leadership and marketing. The acquisition follows several substantial developments at HomeServices of America this year, including the launch of the OnePoint brand, which 1000WATT helped lead, the rollout of a unified technology platform across its entire network, and the addition of mortgage servicing to its ecosystem. HomeServices of America is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc.

Impact on assets 1

Energy Transition & Power Demand▲
Berkshire Hathaway Inc
BRK-B
▲ PositiveCapitalrelevance

Berkshire Hathaway's subsidiary HomeServices of America acquires 1000WATT, an M&A move within its consolidated portfolio.

Off-coverage companies 3

1000WATTi
Private▲ PositiveCapitalrelevance

1000WATT is acquired by HomeServices of America, with its founders taking executive roles.

HomeServices of Americai
Private▲ PositiveCapitalrelevance

HomeServices of America acquires 1000WATT to bring its research, content, and creative team in-house.

Onepointi
Private± Mixedrelevance