ABM INDUSTRIES INC /DE/ acquires WGNSTAR
Snapshot
ABM INDUSTRIES INC /DE/ acquired WGNSTAR for approximately $275 million in December 2025. The transaction was structured as all cash. WGNSTAR is a United States and Ireland-based Technical Solutions / semiconductor services business.
- Acquirer
- ABM INDUSTRIES INC /DE/
- Target
- WGNSTAR
- Value
- approximately $275 million
- Date
- December 2025
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
ABM INDUSTRIES INC /DE/ acquired WGNSTAR for approximately $275 million, a transaction announced in December 2025, structured as all cash.
WGNSTAR operates in Technical Solutions / semiconductor services, is based in United States and Ireland. WGNSTAR is a provider of managed workforce solutions and equipment support services for the semiconductor and high-technology industries, operating across the U.S. and in Ireland with more than 1,300 employees. It generates over half of its revenue from integrated workforce programs that supply trained technical teams to chip fabrication facilities, and also offers OEM equipment support services spanning installation, maintenance, and production tool management. ABM announced the deal as a definitive agreement; it had not yet closed as of the filing.
Following the acquisition, ABM's semiconductor solutions portfolio will be approximately $325 million in revenue on an annualized basis, establishing the Company among the largest integrated service providers in North America, positioning ABM to pursue growth driven by U.S. semiconductor onshoring initiatives supported by CHIPS Act incentives.
Multi-billion-dollar addressable market in semiconductor and high-technology services in which only a small share is currently outsourced, with secular tailwinds from CHIPS Act-driven domestic chip manufacturing. ABM semiconductor / Technical Solutions platform
No advisory firms have been disclosed for this transaction.