May 15, 2015: ABM Acquires CTS Services/Facility Support Services
Further Expands ABM’s HVAC, Mechanical, and Energy Solutions Capabilities
NEW YORK — ABM announced that its Building & Energy Solutions Group has acquired the combined services of CTS Services/Facility Support Services, providers of HVAC service and energy solutions in government, commercial, and industrial buildings with over $35 million in annual revenue. CTS Services/Facility Support Services are headquartered in Beltsville, Maryland, and maintain operations in Texas and West Virginia, in addition to the greater District of Columbia and Baltimore areas. The terms of the transaction were not disclosed.
“The acquisition of CTS Services/Facility Support Services further expands the comprehensive portfolio of HVAC, mechanical, and energy solutions ABM delivers throughout the greater D.C. and Baltimore areas, as well as expands our capabilities in data centers and high availability facilities,” said Tracy K. Price, president of ABM Building & Energy Solutions Group. “Many of ABM’s clients are seeking solutions to reduce their energy and operating costs and we can now self-perform these services for ABM’s existing clients in an even larger geographic area.”