Jan. 23, 2014: TRC Acquires Energy Services Business from EMCOR Group
Acquisition Further Diversifies TRC’s Service Offering to the Energy Efficiency Markets
LOWELL, Mass. — TRC Companies Inc., a leader in engineering, consulting, and construction management services to the energy, environmental, and infrastructure markets, announced that it has acquired EMCOR Energy Services Inc. (EES), a subsidiary of EMCOR Group Inc., in an all-cash transaction. TRC expects the transaction to be accretive during the second half of fiscal 2014.
Based in San Francisco, EES provides engineering consulting services to utilities to support their energy programs in California. Services include related engineering, technical review, compliance, verification, and administration of utilities’ energy efficiency programs. EES revenue for the calendar year 2013 is estimated at $4.4 million.
“The acquisition of EES further diversifies TRC’s service offering to the energy efficiency markets by expanding our core program management and consulting capabilities with additional engineering resource services for utility clients,” said Chris Vincze, TRC chairman and chief executive officer. “With two locations in California, EES enhances TRC’s footprint and technical capabilities in a key growth market and continues TRC’s strategy to invest in growth opportunities in the power and utility markets.”
For more information, visit www.trcsolutions.com.
Publication date: 1/20/2014