Emcor to acquire 19 Comfort Systems USA mechanical contracting subsidiaries for $186.25M

Emcor Group signed a definitive agreement to acquire 19 mechanical-systems installation and maintenance subsidiaries from Comfort Systems USA for $186.25 million, predominantly in the Midwest and New Jersey, expanding Emcor's Midwest presence.

“Emcor Group, Inc., signed a definitive agreement with Comfort Systems USA to acquire 19 of Comfort Systems USA’s subsidiary companies. Under the agreement, Emcor will pay Comfort Systems $186.25 million, approximately $164.25 million in cash and approximately $22 million by assumption of Comfort Systems notes payable to former owners of certain acquired companies.”

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