Add-on Acquisition • Business Services

Albireo Energy Acquires Alabama Controls

On July 18, 2019, Albireo Energy acquired business services company Alabama Controls

Acquisition Context
  • This is Albireo Energy’s 2nd transaction in the Business Services sector.
  • This is Albireo Energy’s 11th transaction in the United States.
  • This is Albireo Energy’s 1st transaction in Alabama.

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M&A Deal Summary

Date July 18, 2019
Target Alabama Controls
Sector Business Services
Buyer(s) Albireo Energy
Deal Type Add-on Acquisition

Target Company

Alabama Controls

Pelham, Alabama, United States
Alabama Controls, Inc. is a provider of building automation and HVAC control solutions as well as equipment and parts sales. Alabama Controls primarily serves government agencies, large commercial buildings, and higher education markets, among others. Alabama Controls, Inc. employs over 80 people in seven offices with locations in Alabama, Florida, and Tennessee.
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Buyer Overview 1

Buyer

Albireo Energy

Edison, New Jersey, United States

Category Company
Founded 2013
Sector Energy Services and Equipment
DESCRIPTION

Albireo Energy is a holding company established to provide a holistic approach to energy efficiency services and smart building solutions to commercial and institutional customers throughout the U.S. Albireo Energy was founded in 2013 and is based in Edison, New Jersey.


Deal Context for Buyer #
Overall 11 of 15
Sector: Business Services 2 of 2
Type: Add-on Acquisition 10 of 13
State: Alabama 1 of 1
Country: United States 11 of 15
Year: 2019 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-22 EMS Technologies

Crofton, Maryland, United States

EMS Technologies is an automated logic dealer specialized in providing intuitive, innovative building solutions and services. The company designs, engineers, integrates, and services state-of-the-art energy management solutions for government agencies, large commercial buildings, higher education, and healthcare. EMS Technologies was formed in 1980 and is based in Crofton, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-17 Environmental Energy

Deer Park, New York, United States

Environmental Energy Corp. is a provider of energy management systems for large commercial and higher education buildings primarily in the New York metropolitan area.

Buy -