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uBreakiFix is an American chain of electronic repair shops, founded in 2009 with over 832 locations in 2016 across the United States and the Caribbean. [1] [2] [3] They are most commonly known for repairing all kinds of household electronics. [4] In August 2019, uBreakiFix was acquired by Asurion, LLC, an insurance company. [5]
In August 2019, Asurion acquired uBreakiFix, a national phone and electronics repair chain. [13] In 2018, Asurion borrowed $3.75 billion via two leveraged loans, the proceeds of which were to be funneled to the PE firms that acquired the company in 2007. The two loans brought the company's total term loans to $11.3 billion. [14]
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In March 2022, Samsung announced that they would be collaborating with iFixit to provide a self-repair program and parts store for a range of their electronic devices. [ 24 ] iFixit ended their collaboration with Samsung in May 2024, with co-founder Kyle Wiens saying "Samsung does not seem interested in enabling repair at scale."
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