February 09, 2017

IAC's HomeAdvisor Acquires HomeStars, the Leading Canadian Home Services Platform

Goodmans LLP represented HomeAdvisor.com, a subsidiary of IAC/InterActiveCorp, the operator of the largest home services marketplaces across the globe, in its acquisition of HomeStars, the leading Canadian home services platform connecting homeowners with service providers.

With the acquisition of HomeStars, HomeAdvisor strengthens its North American market leadership position in digital marketplaces dedicated to home services. HomeStars joins HomeAdvisor market leaders in Germany (MyHammer), France (Travaux.com), Netherlands (Werkspot) and Italy (Instapro) as HomeAdvisor looks to build on domestic momentum and accelerate international growth.

Founded in 2006 by Nancy Peterson, HomeStars connects Canada's homeowners with trusted reputable service providers. It's a free service that helps homeowners find reputable professionals through its database of two million companies and hundreds of thousands of reviews. The Canadian market for home services continues to grow: Canadian households spent C$71 billion on home improvement in 2015, up from C$45 billion in 2006.

Clients note, "They have the right combination of technical knowledge and business sense." — Chambers Canada, 2023
Clients have noted, "They have a good team of very experienced lawyers who know the process, " adding, "They have a good bench strength." — Chambers Canada, 2023
Clients note, "They get our business and what we're trying to accomplish. It's not just technical advice." — Chambers Canada, 2023
Goodmans is an eminent Toronto M&A firm with a notable profile in the REITs space. — Chambers Canada, 2022
One interviewee reported, "The Goodmans team as a whole is excellent," adding: "The lawyers are very responsive and get the job done. It is of great assurance to have them as our legal advisers." — Chambers Canada, 2022
Offers a broad domestic and international M&A practice, representing clients in bet-the-company level transactions. — The Legal 500 Canada, 2022
Clients comment the Goodmans team is "incredibly responsive and provides high quality advice and support on large projects." — IFLR1000, 2021
One interviewee noted: "The client service at Goodmans has always been excellent, and they are very deep from a corporate and financing perspective." — Chambers Global, 2022
Interviewees praise the firm's work on cross-border matters, saying: "The team's coordination is superb, its work ethic unparalleled and the service excellent." — Chambers Global, 2021
Clients commend Goodmans for being, "very entrepreneurial in their culture, in addition to being able to provide sophisticated and excellent legal assistance." — Chambers Canada, 2023

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IAC's HomeAdvisor Acquires HomeStars, the Leading Canadian Home Services Platform

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IAC's HomeAdvisor Acquires HomeStars, the Leading Canadian Home Services Platform

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