Handybook, a company founded in 2012 by two Harvard Business School students, said it has purchased a company called Exec to extend the markets where it can provide home cleaning services to such Silicon Valley locations as Palo Alto and San Jose.
Handybook is not disclosing the purchase price for San Francisco-based Exec. The acquisition will also expand Handybook’s existing presence in such West Coast markets as Los Angeles, San Francisco, and Seattle, the firm said.
Exec primarily offers home cleanings services, as does Handybook. But Handybook also offers to connect consumers with plumbers, electricians, and home repair specialists, the firm said.
Roughly two years ago, Harvard Business School students Oisin Hanrahan and Umang Dua began looking at how the Internet and smartphones could improve ways that can consumers can line up home cleaning and home repair services by booking appointment with vetted professionals online.
A company that started in Boston then relocated to New York City as the cofounders devoted their full time to rolling out services to additional markets In those locations, consumers can book services on Handybook’s website. Consumers who download an app can also book services from their iPhones and iPads.
“We are thrilled to bring two of the leading service companies together in an industry that is rapidly expanding,” Handybook cofounder and chief executive Hanrahan said in a statement. “With the formation of a brand with bicoastal hubs, Handybook will further our offering of high-quality home improvement and cleaning services to consumers nationwide.”
Handybook’s investors include two venture capital firms with offices in Cambridge --- Highland Capital Partners and General Catalyst Partners.