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Comfort Systems USA Acquires MEP, Service and Controls Business, Temporary Staffing Firm.

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Vincent

MANews-(C)2009-2022

US-based heating, ventilation, air conditioning and electrical contracting services provider Comfort Systems USA, Inc. (NYSE: FIX) has acquired Indiana, US-based MEP Holding Co., Inc., and its related subsidiaries, including Edwards Electrical and Mechanical, Inc, the company said.

Comfort Systems USA also said has acquired a service and controls business headquartered in Richmond, Kentucky and a temporary staffing company based in Indiana.

Edwards was founded in 1968 and performs electrical, mechanical and controls contracting services, as well as site improvement projects, in the Midwest region of the United States.

Initially, Edwards is expected to contribute annualized revenues of approximately USD 85 to USD 95m, and earnings before interest, taxes, depreciation, and amortization of USD 6 to USD 8m.

Comfort Systems USA further announced that it has acquired Thermal Service, LLC and TES Controls, LLC headquartered in Richmond, Kentucky. Thermal provides complex HVAC service and automation solutions in the state of Kentucky.

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