Comfort Systems USA, Inc. entered into a definitive agreement to acquire Amteck LLC.
June 29, 2021
Share
Comfort Systems USA, Inc. (NYSE:FIX) entered into a definitive agreement to acquire Amteck LLC on June 30, 2021. Amteck brings an incredible team of professionals. As per the transaction Amteck will be included in Comfort Systems USA, Inc.'s electrical segment. The transaction is expected to close in the third quarter. The acquisition is expected to make a neutral to slightly accretive contribution to earnings per share for the first 12 to 18 months.
Comfort Systems USA, Inc. provides mechanical and electrical contracting services. The Company operates through two segments: Mechanical and Electrical. The Mechanical segment principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, monitoring and fire protection. This segment also installs connecting and distribution elements, such as piping and ducting. The Electrical segment includes installation and servicing of electrical systems. The Company builds, installs, maintains, repairs and replaces mechanical, electrical and plumbing (MEP) systems throughout its approximately 44 operating units at 172 locations across the United States. It is also engaged in offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power and industrial sectors. It also provides mechanical construction services to the commercial and industrial sectors.
COMFORT SYSTEMS USA, INC. 
