Comfort Systems USA takes 60 percent of Environmental Air Systems; EAS ~$100-110M revenue

The deal was a 60% stake acquisition, with EAS expected to be accounted for on a consolidated basis and to contribute approximately $100M-$110M in annualized revenue.

“Comfort Systems has acquired 60 percent of the business, and EAS is expected to be accounted for on a consolidated basis. Initially EAS is expected to contribute annualized revenues of approximately $100 million to $110 million at profitability levels that are generally above those currently experienced in the mechanical contracting industry.”

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