REC Solar announced it has acquired Stellar Energy, a leading solar provider in the western U.S., through an asset purchase agreement. REC Solar is a national solar provider, focused on the commercial market, that provides customers with integrated solar solutions ranging from financing and design to operations and maintenance.
Distribution International Inc. (DI) announced the acquisition of Insulation Fabricators Inc. (IFI), a leading fabricator and distributor of thermal and acoustical insulation products. Headquartered near Chicago in Hammond, Indiana, IFI expands DI’s Midwestern footprint with additional locations in Ohio and West Virginia.
JLL has signed a letter of intent to acquire CoR Advisors, a smart building consulting and solutions business. Founded in 2009 by Darlene Pope, CoR Advisors specializes in helping transform buildings into energy efficient, high-performance facilities. The acquisition is expected to close this month.
The VMC Group, a leader in vibration isolation and seismic engineering services, announced it has acquired a 51 percent control stake in Dynamic Certification Laboratories (DCL).
The Resolute Fund III L.P., a private equity fund managed by The Jordan Co., announced that it has acquired DiversiTech Corp. in partnership with the existing management team from the company’s shareholder group, led by longtime chairman, Charles Lipman.
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.
CLEAResult, a leader in designing and implementing energy efficiency programs for utilities, announced that it has entered into an agreement to purchase the assets of Conservation Services Group (CSG), a leading provider of residential energy efficiency programs in the United States.
Flock’s Heating & Air Conditioning announced it has acquired the heating and cooling service division of Premier Co-op, Mount Horeb, Wis. Flock’s installs high-efficiency heating and cooling systems, including geothermal systems, high efficiency boilers, radiant floor systems, and IAQ equipment.
Installed Building Products Inc., a leading installer of insulation and complementary building products, has announced the acquisition of C.Q. Insulation Inc., based in Tampa, Florida.
Andrew John, owner of John’s Refrigeration Heating and Cooling, has announced the expansion of the company with the acquisition of another locally-owned HVAC business: Rom-air Inc. of Mesa, Arizona. John’s has been a family-owned business operating in the Phoenix metro area since 1970.