Add-on acquisition Jun 2024 · Florida Verified
IES Acquires Remaining 20% Interest in Bayonet Plumbing, Heating & Air Conditioning
IES Holdings acquired the remaining 20% interest in Bayonet Plumbing, Heating & Air Conditioning in June 2024, having purchased the initial 80% stake in December 2020. The former CEO of Bayonet will take an expanded leadership role in developing plumbing and HVAC service offerings across IES Residential.
“in June 2024, we acquired the remaining 20% interest in Bayonet Plumbing, Heating & Air Conditioning, in which we purchased our initial 80% interest in December, 2020.”
Entities
Bayonet Plumbing, Heating & Air Conditioning · Target IES Holdings, Inc. · Acquirer
HVACPlumbing Sentiment: Positive
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