Add-on acquisition Jun 2019 · Pennsylvania Verified
HB Global's IT Landes division acquires Indian Valley Mechanical
HB Global's IT Landes division acquired Indian Valley Mechanical of Harleysville, Pennsylvania, bringing IT Landes to nearly 250 employees and over $45 million in projected annual local revenue.
“HB Global LLC has announced that its IT Landes division has acquired Indian Valley Mechanical LLC of Harleysville, Pennsylvania. The entire Indian Valley Mechanical team of office and field personnel will be joining IT Landes. With the acquisition of Indian Valley Mechanical, IT Landes now has nearly 250 employees, a fleet of 140 vehicles, and a projected annual local revenue of over $45 million.”
Entities
HB Global LLC · Parent IT Landes · Acquirer Indian Valley Mechanical LLC · Target
HVAC Sentiment: Positive
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