Genstar Capital Completes Acquisition of Oncourse Home Solutions
NAPERVILLE, Ill. --(Business Wire)-- a leading national provider of home infrastructure warranties, today announced it has completed its previously announced acquisition by Genstar Capital (“Genstar”) from funds advised by Apax Partners LLP (“Apax”).
Founded in 1992, Oncourse protects essential home infrastructure, including water, sewer, gas, and electric lines, in-home plumbing, and home systems and appliances. The company serves over two million customers in 48 states, reaching homeowners through exclusive affinity partnerships and a growing direct-to-consumer channel. Oncourse is one of the largest home warranty providers in the United States. This strong market position highlights the acquisition’s significance within the rapidly expanding home services sector.
“This ownership transition marks an important milestone for Oncourse and reflects the strength of our business and the dedication of our employees,” said Aaron Cooper, CEO of Oncourse Home Solutions, at the time of the initial transaction announcement in August 2026. “We have built a business that puts customers at the center of everything we do, and with Genstar’s experience, resources, and commitment to long-term growth, we are well positioned to further elevate the customer experience, deepen the value we deliver to our partners, and build on the significant momentum created with Apax. I am incredibly proud of what our employees have accomplished at Oncourse, and I want to thank the Apax team for their partnership throughout their ownership. We look forward to beginning this next chapter with Genstar.”
“Genstar’s experience investing across the warranty industry gives us conviction that Oncourse is in the early innings of its growth journey,” said Ryan Clark, President & Managing Partner at Genstar, when the agreement was first announced. “Looking ahead, Oncourse is primed to accelerate through new distribution partnerships, expanding homeowner relationships, and strategic acquisitions.”
While the day-to-day operations at Oncourse will remain unchanged, both organizations are aligned on a shared vision for long-term value creation through exceptional customer experience, operational excellence, and continued investment in partner success.
About Oncourse Home Solutions
Oncourse Home Solutions is a leading home protection provider focused on protecting more than two million customers from unexpected costs by providing flexible services for home repairs and maintenance across the country. With more than three decades of experience, Oncourse Home Solutions has stayed committed to simplifying the hassles of home care and providing coverage that simply works, giving homeowners peace of mind. For more information, visit https://oncourse.com/.
About Genstar
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high-quality companies for over 35 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $51 billion of assets under management and targets investments focused on targeted segments of the financial services, industrials, healthcare, and software industries.
Media Contacts
Red Thread PR on behalf of Oncourse Home Solutions:
Emily Cummins Matusiak
t: +1 267-981-3163
e: emily@redthreadpr.com
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