Emcor Acquires Comfort Systems’ Subsidiaries

February 16, 2002
/ Print / Reprints /
/ Text Size+
NORWALK, CT — Emcor Group, Inc., signed a definitive agreement with Comfort Systems USA to acquire 19 of Comfort Systems USA’s subsidiary companies. Under the agreement, Emcor will pay Comfort Systems $186.25 million, approximately $164.25 million in cash and approximately $22 million by assumption of Comfort Systems notes payable to former owners of certain acquired companies.

The companies to be acquired are predominately in the Midwest and New Jersey, and are active in the installation and maintenance of mechanical systems. The companies include Shambaugh & Son, Inc. (Fort Wayne, IN), F&G Mechanical (Secaucus, NY), North Jersey Mechanical Contractors (Waldwick, NJ), NJM Service Company, Inc. (Waldwick, NJ), Maximum Refrigeration & Air Conditioning Corp. (Newark, NJ), Temprite (Hawthorne, NJ), Gotham Air Conditioning Service, Inc. (Long Island City, NY), Mandell Mechanical Corp. (New York, NY), Kuempel Service, Inc. (Cincinnati, OH), American Mechanical, Inc. (Detroit, MI), Nogle & Black Mechanical, Inc. (Urbana, IL), E.L. Pruitt Company (Springfield, IL), The Fagan Company (Kansas City, KS), Central Mechanical Construction (Manhattan, KS), Kilgust Mechanical, Inc. (Madison, WI), Walker-J-Walker, Inc. (Memphis, TN), Lowrie Electric Company, Inc. (Memphis, TN), Border Electric & Mechanical (El Paso, TX), and Hillcrest Sheet Metal, Inc. (Bakersfield, CA).

“This acquisition is an excellent strategic fit,” said Frank T. MacInnis, chairman and ceo of Emcor. “The transaction brings into the Emcor family a number of high-quality operating companies with excellent growth prospects and increases our presence in the Midwest, with the portion of our revenues generated from this region expected to grow to 20% from 2001’s 11%.”

For more information, visit (website).

Publication date: 02/18/2002

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by James Siegel

You must login or register in order to post a comment.



Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.


Kyle Gargaro, editor-in-chief of The NEWS, hosted the 2014 ACCA CEO Forum. At the event, six well-known, highly respected company executives, Gary Michel, Ingersoll Rand/Trane; Chris Nelson, Carrier Corp.; Chris Peel, Rheem Mfg. Co.; Rod Rushing, Johnson Controls; Brent Schroeder, Emerson Climate Technologies; and Doug Young, Lennox; provided individual industry outlooks and fielded questions directly from attending contractors. Listen to the entire event on the NEWSMakers podcast. Posted on April 14.

More Podcasts



NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe


Which statement on service calls best applies to your business?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con