TRC Acquires Energy Services Business From EMCOR Group, Inc.Marketwired via COMTEX, Jan 06, 2014
TRC Companies, Inc. TRR , a recognized leader in engineering, consulting and construction management services to the energy, environmental and infrastructure markets, today announced that it has acquired EMCOR Energy Services, Inc. (EES), a subsidiary of EMCOR Group, Inc. EME , in an all-cash transaction. TRC expects the transaction to be accretive during the second half of fiscal 2014.
Based in San Francisco, EES provides engineering consulting services to utilities to support their energy programs in California. Services include related engineering, technical review, compliance, verification, and administration of utilities’ energy efficiency programs. EES revenue for the calendar year 2013 is estimated at $4.4 million.
“The acquisition of EES further diversifies TRC’s service offering to the energy efficiency markets by expanding our core program management and consulting capabilities with additional engineering resource services for utility clients,” said TRC Chairman and Chief Executive Officer Chris Vincze. “With two locations in California, EES enhances TRC’s footprint and technical capabilities in a key growth market and continues TRC’s strategy to invest in growth opportunities in the power and utility markets.”
About TRC A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation. TRC delivers results that enable clients to achieve success in a complex and changing world. For more information and updates from the Company, visit TRC’s website atwww.TRCsolutions.com and follow TRC on Twitter and StockTwits at @TRC_Companies and on LinkedIn.
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