EnerCare, Inc.

EnerCare, Inc.

EnerCare, Inc.

Overview
Date Founded

2002

Headquarters

4000 Victoria Park Avenue,Toronto, ON M2H 3P4

Type of Company

Public

Employees (Worldwide)

4,259

Industries

Wholesale: Industrial Products & Manufacturing
Consumer Finance

Company Description

EnerCare, Inc. engages in the provision of heating ventilation and air-conditioning services. It operates through the following segments: Home Services, Sub-metering, and Corporate. The Home Services segment rent and leases out water heaters, heating ventilation and air-conditioning systems. The Sub-metering segment provides services and equipment to sub-metering and remote measurement of electricity and water in residential and commercial properties. The Corporate segment manages and operates administrative services. EnerCare was founded in December 2002 and is headquartered in Toronto, Canada.

Executives & Employees

President + Chief Executive Officer

Chief Financial Officer

Chief Information Officer

Chief Human Resources Officer

Senior Vice President, Chief Legal Officer & Corporate Secretary

Senior Vice President & General Manager-Ontario Home Services

Senior Vice President & General Manager

President & Chief Executive Officer, Service Experts LLC

Vice President, Business Transformation

Chief Operating Officer, Home Services of the Company & Subsidiaries

Board of Directors

Former Chairman & Chief Executive Officer at Bata Industries Ltd.

Executive Vice President & Chief Financial Officer at Air Canada

Chief Executive Officer at Tvontario

Chief Executive Officer at Great Gulf Group of Companies Inc.

President + Chief Executive Officer at EnerCare, Inc.

Executive Vice President & Chief Human Resources Officer at The Canada Life Assurance Co.

Former Chief Marketing Officer at The Hanover Insurance Group, Inc.

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Owners & Shareholders
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QV Investors (QVI) manages several pooled investment funds with varying objectives in order to meet clients' varying needs. The QV Funds are the models for the firm's bond, balanced and equity strategies.The Canadian Income Fund seeks to provide investors steady income, earned in Canadian dollars, with low risk to principal. The Fund invests in Canadian high or investment grade bonds and debentures, and to a lesser extent in corporate preferred and common shares. The bonds mature within 5 years. The benchmark is the FTSE TMX Short Term Bond Index.The Canadian Bond Fund seeks to provide investors with interest income and moderate capital appreciation over the long-term. The fund invests in investment grade Canadian fixed income securities, and does not hold preferred shares or equities. It may also invest in longer-term bonds and hold a larger exposure to corporate bonds and non-rated bonds. The benchmark is the FTSE TMX Canada Universe Bond Index.The Canadian Balanced Fund seeks to equal or exceed the average annual return on equity of Canadian companies. Canadian companies. The asset mix methodology is to weight by yield the asset class having the greatest surety. Equities are selected to reduce valuation, growth, credit, liquidity, and industry risks. Bonds are selected for their high quality and ability to offset the volatility found in equities.The QV Canadian Equity Fund invests in larger companies, typically with market-cap over $1 billion and listed on the TSX. The Fund seeks to exceed the average annual return on equity of Canadian companies, and to exceed the return on the S&P/TSX Composite Index and do so with lower volatility. QVI constructs the Fund to exhibit measurably better value, growth, dividend, and credit characteristics than the benchmark while maintaining broad industry diversification.The Canadian Small Cap Equity Fund invests in Canadian small and mid-cap companies, with market-cap above $100 million and up to two times the upper end of the BMO Small Cap Index. The Fund seeks to exceed the average annual return on equity of Canadian companies, to exceed the return on the BMO Small Cap Index, and do so with lower volatility. The Global Equity Fund invests in companies listed outside of Canada on the world's senior markets. It seeks to outperform the MSCI World Index with lower volatility. The Fund focuses on companies with market-cap, greater than $5 billion. The portfolio offers broad equity, industry and regional diversification.

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Montrusco Bolton Investments offers investors a variety of investment strategies in the equity, fixed income, balanced and alternative asset classes. Equity strategies offered include US, Canadian, EAFE and Global equity. Depending on the size of their investment, clients may choose to invest either through a separate account structure or utilize the firm’s commingled funds to achieve their investment objective. Separate accounts are generally invested in one of the specific equity or fixed income strategies Montrusco Bolton offers. Alternatively, the firm can create a portfolio consisting primarily of interests in one or more of the Montrusco Bolton Funds, but may also include: individual equities, ETFs, bonds, and cash or cash equivalents.

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Taylor Asset Management employs a value-oriented investment process that is research-intensive and inherently risk-sensitive. The firm seeks to deliver top-quartile risk-adjusted returns over the long-term. Their portfolios are highly concentrated. Taylor Asset Management is careful to ensure that as core investments, their portfolios are well-diversified. They take a prudent approach to managing individual security and sector exposures, and continually monitor the stocks in their portfolios to ensure their ongoing suitability. Cash, foreign content and foreign currency hedging are used strategically to help manage risk.

Recent Transactions
Details Hidden

Service Experts LLC, EnerCare, Inc. purchase Aramendia Plumbing No. 2 Ltd.

Details Hidden

Service Experts LLC, EnerCare, Inc. purchase CS Operating LLC from Barings LLC (Private Equity), Church Services Acquisition Co.

Details Hidden

Enercare Solutions, Inc., EnerCare, Inc. purchase Service Experts LLC from American Capital Asset Management LLC

Transaction Advisors
Legal Advisor

Advised onEnercare Solutions, Inc., EnerCare, Inc. purchase Direct Energy Marketing Ltd. /ON Home & Small Comml Srvcs Bus from Centrica Plc

Manager

Advised onEnerCare, Inc. issued Subscription Receipts

Investment Advisor

Advised onEnercare Solutions, Inc., EnerCare, Inc. purchase Direct Energy Marketing Ltd. /ON Home & Small Comml Srvcs Bus from Centrica Plc

Legal Advisor

Advised onEnercare Solutions, Inc., EnerCare, Inc. purchase Direct Energy Marketing Ltd. /ON Home & Small Comml Srvcs Bus from Centrica Plc

Legal Advisor

Advised onEnercare Solutions, Inc., EnerCare, Inc. purchase Direct Energy Marketing Ltd. /ON Home & Small Comml Srvcs Bus from Centrica Plc

Counsel

Advised onEnercare Solutions, Inc., EnerCare, Inc. purchase Direct Energy Marketing Ltd. /ON Home & Small Comml Srvcs Bus from Centrica Plc

Key Stats and Financials As of 2017
Market Capitalization
$2B
Total Enterprise Value
$3.21B
Earnings Per Share
$0.53
EBITDAMargin
22.82%
Revenue
$1.26B
Net Profit
$55.5M
EBITDA
$287M
Enterprise Value Sales
2.55x
Enterprise Value EBITDAOperating
11.19x
TEVNet Income
57.81x
Debt TEV
0.33x
Total Debt
$1.06B
Total Equity
$593M
Three Year Compounded Annual Growth Rate Of Revenue
51.43%
Five Year Compounded Annual Growth Rate Of Revenue
37.46%