About This Deal

ABM INDUSTRIES INC /DE/ acquired TEGG franchise operations.

TEGG franchise operations operates in Electrical / technical services (franchise operations), is based in United States. Linc Network, LLC, a subsidiary of ABM Facility Solutions, acquired the franchise operations of TEGG, an electrical services franchise network. The acquisition positioned ABM to expand its electrical services capabilities and complement its existing mechanical services footprint.

Expand ABM's electrical services capabilities through a franchise network and complement its existing mechanical service offering.

Deal Terms

Acquirer
ABM INDUSTRIES INC /DE/
Target
TEGG franchise operations
Value
Not disclosed
Date
Not disclosed
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Electrical / technical services (franchise operations)

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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