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.
Advisory firms were not disclosed for this transaction.