EMCOR Group to acquire USM Services Holdings from Transfield for $255M

EMCOR Group entered a definitive agreement to acquire USM Services Holdings, a North American facilities maintenance provider, from Transfield Services Limited in an all-cash deal for $255 million. The deal strengthens EMCOR's mechanical, electrical, and plumbing facilities maintenance footprint.

“EMCOR Group Inc. announced that it has entered into a definitive agreement to acquire USM Services Holdings Inc., a leading provider of facilities maintenance solutions in North America, from Transfield Services Limited in an all-cash transaction for $255 million, representing $225 million for the base USM business plus $30 million for the net present value of a USM tax benefit.”

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