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Add-on acquisition Feb 2016 · Knoxville, Tennessee, USA Verified

Shoffner to add ~$70M annualized revenue to Comfort Systems USA

Comfort Systems USA stated Shoffner is expected to contribute approximately $70 million in annualized revenues at comparable profitability, with a neutral-to-slightly-accretive EPS impact in the first 12-18 months.

“Initially, Shoffner is expected to contribute annualized revenues of approximately $70 million at profitability levels that are generally comparable to those currently experienced by Comfort Systems USA operations.”

Entities

Comfort Systems USA Inc. · Acquirer ShoffnerKalthoff Mechanical Electrical Service Inc. · Target
HVAC
Source: www.achrnews.com

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