Comfort Systems USA to acquire Dyna Ten Corporation

Comfort Systems USA, Inc. entered into an Agreement and Plan of Merger to acquire Dyna Ten Corporation for $37.5 million in cash, subject to post-closing adjustments. Dyna Ten will merge into a wholly owned subsidiary of Comfort Systems USA and survive as a wholly owned subsidiary.

“On April 7, 2014, Comfort Systems USA, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Dyna Ten Corporation (“Dyna Ten”), certain of its shareholders, and CSUSA (20), Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub”). Subject to the terms and conditions of the Merger Agreement, Dyna Ten will merge with and into the Merger Sub (the “Merger”), with Dyna Ten surviving the Merger as a wholly owned subsidiary of the Company.”

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