M&A Deal Summary

Hillmann Acquires Abraxas

On March 12, 2024, Hillmann acquired business services company Abraxas

Acquisition Highlights
  • This is Hillmann’s 1st transaction in the Business Services sector.
  • This is Hillmann’s 1st transaction in the United States.
  • This is Hillmann’s 1st transaction in California.

M&A Deal Summary
Date 2024-03-12
Target Abraxas
Sector Business Services
Buyer(s) Hillmann
Deal Type Add-on Acquisition

Target

Abraxas

Atascadero, California, United States
Abraxas provides expertise in all areas of building energy and water efficiency. The Company also provides industry-standard M&V software. Abraxas helps its clients comply with regulations, obtain funding, meet greenhouse gas emissions reduction targets, and upgrade their facilities, including providing turnkey retrofit and optimization solutions. Abraxas was founded in 2001 and is based in Atascadero, California.

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Buyer(S) 1

Buyer

Hillmann

Union, New Jersey, United States
Category Company
Founded 1985
Sector Business Services
DESCRIPTION

Hillmann is a provider in the environmental health & safety, due diligence & remediation management, and construction services industries. Hillmann was founded in 1985 and is based in Union, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal