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Limbach Holdings, Inc. completes acquisition of Kent Island Mechanical, LLC to expand its service in the Greater Washington, D.C. metro region

PUBLIC · LMBSep 03, 2024

Acquiring Company

Limbach Holdings

Acquired Company

Kent Island Mechanical

TampaLaurelEnergyConsultingConstructionBuilding MaintenanceBuilding Maintenance

Description

Limbach Holdings, Inc. (Nasdaq: LMB) has acquired Kent Island Mechanical, LLC for an initial purchase price of $15 million. The acquisition will create a dominant mechanical systems solutions provider in the high growth Mid-Atlantic region, reinforcing Limbach's commitment to their strategic goals and expansion efforts. The combined entity will focus on integrating operations and unlocking synergies in 2025.

Quick answer

Limbach Holdings is acquiring Kent Island Mechanical, announced September 3, 2024. Limbach Holdings is based in Tampa, Florida, United States.

How much did Limbach Holdings pay for Kent Island Mechanical?
The deal value was not disclosed.
What does Limbach Holdings do?
Limbach Holdings, Inc. (NASDAQ: LMB), with revenue of $516.4 million in 2023, is a building systems solution firm that partners with building owners and facilities managers who have mission-critical mechanical (heating,..
Where are Limbach Holdings and Kent Island Mechanical based?
Limbach Holdings is based in Tampa, Florida, United States. Kent Island Mechanical is based in Laurel, Maryland, United States.
Who are the decision-makers at Limbach Holdings?
Fundz holds 1 contact at Limbach Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Limbach Holdings

Location

Tampa, Florida, United States

About

Limbach Holdings, Inc. (NASDAQ: LMB), with revenue of $516.4 million in 2023, is a building systems solution firm that partners with building owners and facilities managers who have mission-critical mechanical (heating, ventilation, and air conditioning), electrical and plumbing infrastructure. We strive to be an indispensable partner to our customers by providing services that are essential to the operation of their businesses. We work with building owners primarily in six vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education, and cultural and entertainment. We have more than 1,300 team members in 19 offices across the eastern United States. Our team members uniquely combine engineering expertise with field installation skills to provide custom solutions that leverage our full life-cycle capabilities, which allows us to address both the operational and capital projects needs of our customers.

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Frequently asked

Who acquired Kent Island Mechanical?

Kent Island Mechanical was acquired by Limbach Holdings, based in Tampa. The deal was reported on September 3, 2024. Limbach Holdings, Inc. Limbach Holdings is publicly traded (LMB) and operates in Energy.

When did Limbach Holdings acquire Kent Island Mechanical?

Limbach Holdings's acquisition of Kent Island Mechanical was reported on September 3, 2024. Limbach Holdings, Inc. (Nasdaq: LMB) has acquired Kent Island Mechanical, LLC for an initial purchase price of $15 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kent Island Mechanical do?

Kent Island Mechanical is an industry leader in providing value-added mechanical construction services to our customers by creating a successful partnership with them throughout the construction process. It is privately held, operating in Building Maintenance, and is based in Laurel.

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