hvacrollups.com
← Deals
Platform creation Closed Apr 2016

IES Holdings Completes Acquisition of Technical Services II

Relationship map

Relationship map for IES Holdings Completes Acquisition of Technical Services IIparent ofIES Holdings, Inc.: Operating CompanyIES Holdings, Inc.STR Mechanical: Operating CompanySTR Mechanical
Operating Company

Parties
Acquirer
IES Holdings, Inc.
Operating Company
Target
STR Mechanical
Operating Company

Market signals

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.

Primary source