IES HOLDINGS ACQUIRES FREEMAN ENCLOSURE SYSTEMS, LLC

HOUSTON, March 16, 2017 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES”) (NASDAQ:IESC) today announced that its subsidiary IES Infrastructure Solutions, LLC has acquired all of the membership interests of Freeman Enclosure Systems, LLC (“Freeman”). Freeman, based outside of Cincinnati, Ohio, manufactures custom generator enclosures that are primarily used by data centers and large commercial and industrial facilities. The acquisition also includes the purchase of Freeman’s 143,000-square foot manufacturing facility through an affiliated entity. Freeman will operate as a subsidiary in IES’s Infrastructure Solutions segment and will continue to operate under the Freeman name. READ MORE

IES Holdings Completes Acquisition of Technibus, Inc.

HOUSTON, June 15, 2016 (GLOBE NEWSWIRE) — IES Holdings, Inc. (or “IES”) (NASDAQ:IESC) today announced that a wholly-owned subsidiary of IES has completed its acquisition of Technibus, Inc. (“Technibus”), a Canton, Ohio-based manufacturer of custom-engineered, metal enclosed bus duct solutions, in an all cash transaction valued at approximately $45 million.  Technibus will operate as a subsidiary in IES’s Infrastructure Solutions segment and will continue to operate under the Technibus name. READ MORE

IES Holdings Announces Agreement to Acquire Technibus, Inc.

HOUSTON — June 2, 2016 — IES Holdings, Inc. (or “IES”) (NASDAQ: IESC) today announced that a wholly-owned subsidiary of IES has entered into a definitive agreement to acquire all of the shares of stock of Technibus, Inc. (“Technibus”), a Canton, Ohio-based manufacturer of custom-engineered, metal enclosed bus duct solutions, in an all cash transaction valued at approximately $45 million. READ MORE

Integrated Electrical Services Announces Disposition of Non-Core Operation

HOUSTON — April 15, 2016 — Integrated Electrical Services, Inc. (or “IES”) (NASDAQ: IESC) today announced the sale of substantially all of the operating assets of its wholly-owned subsidiary HK Engine Components, LLC (“HKEC”), a Hagerstown, MD-based manufacturer and remanufacturer of EMD-style power assemblies for various engine types used in the railroad and marine markets, to an entity controlled by Steven L. Beal, an affiliate of National Railway Equipment Co. (“NRE”). The sale, which closed on April 15, 2016, is not expected to have a material impact on the Company’s financial position and results of operations. READ MORE

Integrated Electrical Services Acquires Calumet Armature & Electric

HOUSTON, Oct. 30, 2015 (GLOBE NEWSWIRE) — Integrated Electrical Services, Inc. (or “IES”) (NASDAQ:IESC) today announced that a wholly-owned subsidiary of IES has acquired all of the membership interests of Calumet Armature & Electric, LLC (“Calumet”), an Illinois-based provider of design, manufacturing, assembly, and repair services of electric motors for the industrial and mass transit markets. Calumet will operate as a subsidiary in IES’s Infrastructure Solutions segment and will continue to operate under the Calumet name. READ MORE

Integrated Electrical Services Acquires Southern Rewinding

HOUSTON, May 21, 2015 (GLOBE NEWSWIRE) — Integrated Electrical Services, Inc. (or “IES”) (Nasdaq:IESC) today announced that Magnetech Industrial Services, Inc. (“Magnetech”), a wholly-owned subsidiary of IES, has acquired all of the common stock and associated real estate of Southern Industrial Sales and Services, Inc., d/b/a Southern Rewinding and Sales (“Southern Rewinding”), a Columbus, Georgia-based motor repair and related field services company. Southern Rewinding will operate as a subsidiary of Magnetech in IES’s Infrastructure Solutions segment. READ MORE

 

 

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