MEMPHIS, Tenn. — American Home Shield, one of the largest home warranty companies in the country, announced it has entered into an agreement to acquire HSA Home Warranty, a leading competitor. Company officials said they expect the sale to close within the next 30 to 60 days, and to create important expansion opportunities for both brands.

“We believe HSA Home Warranty uniquely complements our business and will help accelerate our pace of growth in strategic markets,” said Mark Barry, president of American Home Shield, a business unit of The ServiceMaster Company, one of the world’s largest residential and commercial service networks. “Like us, HSA Home Warranty is known for providing reliable, quality service to its customers, and for building strong relationships in the real estate community. We look forward to positioning both companies to deliver even more value to homeowners across the country as a result of this acquisition.”

Once the transaction is complete, Barry said he expects HSA Home Warranty to essentially operate as an independent brand, much as it does today. Bob Lehmann, president and founder of HSA Home Warranty, will report to Barry and continue to lead the company from its headquarters in Madison, Wis., where it employs approximately 200 people and serves more than 125,000 customers.