About This Deal

ABM INDUSTRIES INC /DE/ acquired HHA Services, Inc. for $33.7 million, a transaction completed in November 2012, structured as Cash acquisition.

HHA Services, Inc. operates in Healthcare facility services (housekeeping, food and plant management), is based in United States. ABM acquired HHA Services, a provider of food and facility management services — including housekeeping, laundry, patient-assist, plant maintenance and food services — to hospitals, healthcare systems, long-term care facilities and retirement communities. The acquisition broadened ABM's presence in the healthcare facility services market.

Expand ABM's facility solutions offering in the healthcare vertical, adding food and environmental services for hospitals, health systems and long-term care providers.

Deal Terms

Acquirer
ABM INDUSTRIES INC /DE/
Target
HHA Services, Inc.
Value
$33.7 million
Date
November 2012
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Healthcare facility services (housekeeping, food and plant management)
Structure
Cash acquisition
Closed
November 1, 2012

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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