NEW YORK — ABM announced that ABM Building & Energy Solutions, a business unit of ABM Facility Solutions Group, has acquired Airco Commercial Services Inc., a Northern California provider of HVAC services, energy solutions and building controls for commercial and industrial buildings. Airco Commercial Services is headquartered in Sacramento, California, with offices in Benicia, San Francisco and San Jose. Terms of the transaction were not disclosed.
“The acquisition of Airco Commercial Services enables ABM to offer a comprehensive 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 state and energy efficiency incentives, we can now offer Northern California customers cost-effective energy efficiency solutions that reduce operating costs and improve indoor comfort.”
Shortly after opening 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 one of the largest commercial HVAC franchisors in North America. With 27 years of collaboration, seamless integration is expected as the companies share common standard operating procedures and management principles.
“We are very excited to introduce these best-in-class HVAC and energy efficiency services to our existing electrical, building services, janitorial, landscaping, security and parking customers throughout Northern California,” said Tracy Price, ABM's executive vice president and president of the ABM Facility Solutions Group. “Our strategy to offer our full portfolio of services in all major metropolitan areas in California is now complete. Many customers are looking for a single provider for all their building services. This is a real competitive advantage for ABM.”
“We wanted to continue the proud legacy that Airco Commercial Services established as a long-standing member of ABM's Linc Service Network for our employees and customers. My family and I wanted to ensure a smooth transition for our employees and uninterrupted delivery of best-in-class solutions to our customers, so ABM was the obvious choice,” said Charles Jones, outgoing President of Airco Commercial Services. “My personal passion is service and I am proud of what our employees have built over the last 25+ years. I am fully confident that they will continue to be successful with ABM.”
For more information, visit www.abm.com.
Release date: 18.08.2014
Want more HVAC industry news and information? Subscribe to The NEWS on Facebook, Twitter and LinkedIn today!
