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Add-on acquisition Jan 2020 · Tempe, Arizona Verified

HB Global acquires Spectrum Mechanical & Service Contractors

HB Global LLC acquired Spectrum Mechanical & Service Contractors LLC of Tempe, Arizona, a commercial HVAC provider with 150 employees and ~$25M 2019 revenue. Spectrum becomes HB Global's fifth division, expanding its operations beyond the East Coast.

“HB Global LLC has announced that it has acquired Spectrum Mechanical & Service Contractors LLC of Tempe, Arizona. Founded in 1997, Spectrum is a provider of design, installation, maintenance, and service of commercial HVAC systems throughout Arizona. Spectrum comprises 150 employees, and its revenue for 2019 was approximately $25 million.”

Entities

HB Global · Acquirer Spectrum Mechanical & Service Contractors · Target
HVAC

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