Majority stake Announced Feb 2002 Verified
Emcor to acquire 19 Comfort Systems USA subsidiaries for $186.25M
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Deal value$186.3M reported cash consideration · approximateas reported by achrnews.com
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Emcor Group signed a definitive agreement to acquire 19 mechanical-contracting subsidiaries from Comfort Systems USA for $186.25 million ($164.25M cash plus ~$22M assumed notes), expanding Emcor's Midwest and New Jersey presence. This is a carve-out/divestiture of contracting companies from a consolidator.