LONDON, May 20, 2026 - Proskauer advised the financing sources for Pollen Street Capital’s acquisition of Hometree Marketplace Limited, a UK-based energy services company, and Hometree’s simultaneous acquisition of OVO Energy’s Home Services division, including the CORGI HomePlan and CORGI HomeHeat businesses. Pollen Street will own a majority stake in the enlarged group.

The combination is expected to create the UK’s third-largest provider of home emergency cover and further strengthen Hometree’s position in the UK residential energy and home services market. The combined business is expected to serve nearly 500,000 customers through a nationwide network of more than 5,000 engineers.

The transaction remains subject to customary regulatory approvals and is expected to complete later in 2026.

The Proskauer team was led by partners Philip Bowden and Daniel Hendon (Global Finance). The team included associates Sonali Kapoor, Dimeji Ademiju, and Venandah Madanhi (Global Finance).

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