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Consolidation trend Oct 2008

MiTek/TMI combination to pursue further growth through strategic acquisitions

TMI's CEO stated the MiTek (Berkshire Hathaway) combination would accelerate geographic growth and enable expansion through strategic acquisitions, signaling an acquisitive platform posture.

“The combination of TMI and MiTek will allow us to provide even stronger service to our customers, accelerate our geographic growth, and expand through strategic acquisitions.”

Entities

MiTek Inc. · Platform TMI · Subsidiary
HVACOther Sentiment: Positive
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.