HVAC Breaking News

July 3, 2007: TAC Agrees to Acquire Six Yamas Controls Locations

July 3, 2007
/ Print / Reprints /
ShareMore
/ Text Size+

DALLAS - TAC has signed a purchase agreement to acquire six operating units of Yamas Controls Group Inc. These six units have combined revenue of more than $40 million and a workforce of 225 employees. TAC will acquire Yamas Controls Inc. in San Francisco; the Yamas Controls Southwest office in Las Vegas; and four Yamas Controls Carolinas offices located in Charlotte, N.C.; Greensboro, N.C.; Morrisville (Raleigh), N.C.; and Greenville, S.C. Terms of the deal were not disclosed.

Founded in San Francisco in 1952, Yamas Controls Group is headquartered in Sacramento, Calif., and is privately owned by Alestra Ltd., a London-based financial holding company. Yamas is one of the nation's largest independent systems integrators and installs building management systems (BMS) to control HVAC, lighting, energy, security, and access. Its operating companies have leading positions in various market segments, including education, healthcare, commercial, pharmaceutical, hospitality and gaming, government, and manufacturing.

“Acquiring these Yamas business units allows TAC to secure prominent systems integration market share in the Carolinas and to establish a foothold in the integration business in the fast growing western U.S. regions of northern California and Las Vegas,” said Dean Meyer, president of TAC Americas. “As part of TAC, the former Yamas offices will be able to offer more products to their customers and provide a broader array of support services as well. Furthermore, Yamas successfully serves many of the same core market segments as TAC, making the two companies highly compatible.”

“This acquisition is aligned with the growth strategy of TAC's parent company, Schneider Electric, which is to expand beyond power management by offering a complete building management platform with a full suite of integration solutions,” said Arne Frank, chairman and chief executive officer of TAC.

The Yamas locations in the Carolinas will be integrated with existing TAC offices, and the Western operations will function within TAC’s current systems integration office management structure.

For more information, visit www.tac.com

Publication date: 07/02/2007

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

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

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Joseph Groh

Joseph Groh, an industry veteran boasting 35 years of HVAC experience, discusses the 2008 bicycle accident that cut his career tragically short, and how the Joseph S. Groh Foundation is his way of giving back to the construction trade. Posted on Aug. 22.

More Podcasts

ACHRNEWS

NEWS 08-25-14 cover

2014 August 25

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
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.

DON'T MISS A THING

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

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con