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Western
HVAC News
ABM Expands HVAC and Energy Solutions
Presence in Northern California with Acquisition of Airco
Commercial Services.
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ABM a leading provider of facility solutions, announced
today that ABM Building & Energy Solutions, a business unit
of ABM Facility Solutions Group, has acquired Airco
Commercial Services Inc. Airco Commercial Services is a
Northern California provider of HVAC service, energy
solutions and building controls in commercial and industrial
buildings. Airco Commercial Services is headquartered in
Sacramento, CA, and maintains operations in Benicia, San
Francisco and San Jose. The transaction was completed on
August 1, 2014. The terms of the transaction were not
disclosed.
"The acquisition of Airco Commercial Services enables ABM to
provide an expansive portfolio of HVAC, mechanical and
energy efficiency solutions throughout Northern California,"
said Scott Giacobbe, President of ABM Building & Energy
Solutions. "With recent Title 24 changes, PACE financing
options and a variety of government and utility incentives,
we can now offer clients in Northern California
cost-effective energy efficiency solutions that reduce
operating expenses and improve indoor comfort."
Shortly after opening its doors in 1987, Airco Commercial
Services became a Linc Service® franchisee to accelerate
growth and market penetration. The Linc Service franchise is
owned by ABM and is the largest commercial HVAC franchisor
in North America. With a 27 year history of working
together, a seamless integration is expected since standard
operating procedures and management principles are shared by
both companies.
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"We are very excited
to introduce these best-in-class HVAC and energy efficiency
services to our existing electrical, facilities engineering,
janitorial, landscape, security and parking clients throughout
Northern California," said Tracy Price, EVP of ABM and President
of ABM Facility Solutions Group. "Our strategy to deliver our
entire portfolio of services in every major metro area in
California is now complete. Many clients are looking for a
single-source provider for all their facility services. It's a
real competitive advantage for ABM."
"We were looking to extend our proud legacy established by Airco
Commercial Services as a longstanding member of ABM's Linc
Service Network for our employees and clients. My family and I
wanted to ensure a smooth transition for our employees and an
uninterrupted delivery of best-in-class solutions to our clients
so ABM was the obvious choice," said Charles Jones, retiring
President of Airco Commercial Services. "My personal passion is
service and I am proud of what our employees have helped build
over the last 25+ years. I have every confidence they will
continue to thrive with ABM."
ABOUT ABM
ABM (NYSE: ABM) is a leading provider of facility solutions with
revenues of approximately $4.8 billion and 110,000 employees in
over 350 offices deployed throughout the United States and
various international locations. ABM's comprehensive
capabilities include facilities engineering, commercial
cleaning, energy solutions, HVAC, electrical, landscaping,
parking and security, provided through stand-alone or integrated
solutions. ABM provides custom facility solutions in urban,
suburban and rural areas to properties of all sizes — from
schools, hospitals, manufacturing plants and airports. ABM
Industries Incorporated, which operates through its
subsidiaries, was founded in 1909. For more information, visit
www.abm.com.
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