ABM INDUSTRIES INC /DE/ acquired Quality Uptime Services, Inc. for $116.3 million net cash purchase price, a transaction completed in June 2024, structured as cash.
Quality Uptime Services, Inc. operates in Technical Solutions, is based in United States. UPS installation and maintenance company providing customized preventive and emergency service programs for mission-critical data centers and other facilities.
Expanded ABM's mission-critical power resiliency and data center service offerings within its Technical Solutions segment.
Advisory firms were not disclosed for this transaction.