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Majority stake Closed Jun 2017

IES Holdings Completes Acquisition of Technical Services II

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Relationship map for IES Holdings Completes Acquisition of Technical Services IIparent ofIES Holdings, Inc.: Operating CompanyIES Holdings, Inc.Technical Services II, LLC: Operating CompanyTSTechnical Services II…
Operating Company

Parties

Acquirer
IES Holdings, Inc.
Operating Company
Target
Technical Services II, LLC
Operating Company

Summary

IES Holdings, through its subsidiary STR Mechanical, has acquired all membership interests of Technical Services II, a Virginia-based provider of mechanical maintenance services including HVAC, electrical, and plumbing. The acquisition expands IES's Commercial & Industrial segment and adds approximately $5 million in annualized revenues.

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