Consolidation trend Jul 2000 · Northeast USA Verified
PSEG ET running a Northeast mechanical-contractor roll-up
The McBride deal is the latest in a string of acquisitions in PSEG ET's strategy to build a one-stop mechanical and energy-services company across the Northeast. Prior acquisitions (Liber Rich/Rich Fire, Struble Air Conditioning, Fluidics, Arden Engineering Constructors) total $300 million in combined revenues.
“The New Jersey-based contractor is the latest in a string of acquisitions that are part of PSEG ET’s overall strategy to provide one-stop mechanical and energy services to customers in the Northeast.”
Entities
PSEG Energy Technologies · Acquirer
HVACOtherRefrigeration
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