ESI Acquires Bounds Elevator, based in New Orleans, Louisiana [Yahoo! Finance]
FTI Consulting, Inc. (FCN)
Last fti consulting, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
and Southeast, has acquired Bounds Elevator ("Bounds"), an independent service provider in the New Orleans market, from its owner and founder Tim Bounds The acquisition of Bounds strengthens ESI's market position as the #1 independent elevator service provider in the Local 16 market. This investment marks ESI's seventh add-on acquisition in the last two years, and ESI's second in the Southern Louisiana and Mississippi markets following its acquisition of A-1 and Pinnacle Elevator in October 2023 Bounds was founded in 2019 by Tim Bounds , a 25-year industry veteran and New Orleans native. Bounds' culture of service excellence, customer-first approach, and uncompromising commitment to quality has been recognized by customers in New Orleans and led to the Company's strong growth over the last five years. Bounds will join A-1 and Pinnacle Elevator to create ESI's combined platform in the New Orleans market. All three companies share the same approach to customer quality, and the com
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