Consolidation trend Jun 2011 · United States
EMCOR cites large, fragmented facilities-maintenance market and customer outsourcing centralization
EMCOR's CEO framed the USM deal as combining within a very large, growing, and highly fragmented market, where customers increasingly look to centralize outsourcing with a single quality provider.
“Our combination with USM, a leader in a very large, growing, and highly fragmented market, will offer access to potential new customers for EMCOR’s capabilities in energy efficiency, retrofit projects, building controls upgrades, monitoring and maintenance management, and will enable us to bring new services to our existing customers.”
Entities
EMCOR Group Inc. · Acquirer USM Services Holdings Inc. · Target
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Source: www.achrnews.com
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