IES Holdings Acquires Aerial Lighting & Electric
IES Holdings, Inc. (IESC)
US:NASDAQ Investor Relations:
ies-corporate.com/stock-quote
Company Research
Source: GlobeNewswire
HOUSTON, Feb. 18, 2020 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (or “IES”) (NASDAQ: IESC) announced today that it has acquired all of the equity interests in Aerial Lighting & Electric, Inc. (“Aerial”), a Naugatuck, CT-based electrical contractor specializing in the design and installation of electrical systems for multi-family developments, with revenues of approximately $24 million in calendar year 2019. Aerial will become part of IES’s Residential segment and continue to operate under the Aerial name. Dwayne Collier, President of IES’s Residential segment, said, “The acquisition of Aerial reinforces our strategy to partner with strong management teams in attractive markets. I am pleased to welcome to IES Paul Simko, who has been the majority-owner of Aerial since 1994, and Bob Carlson, who will be promoted to Vice President, General Manager and lead Aerial post-closing, as well as Aerial’s over 60 team members. We are excited to work with the entire Aerial team to strengthen and
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IESC
News
- IES Holdings, Inc. (NASDAQ: IESC) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- IES Holdings Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]Yahoo! Finance
- IES Holdings Reports Fiscal 2024 Second Quarter ResultsGlobeNewswire
- IES Holdings Announces Fiscal 2024 Second Quarter Results Earnings Release ScheduleGlobeNewswire
- IES Holdings Acquires Greiner Industries [Yahoo! Finance]Yahoo! Finance
IESC
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form SD
- 5/7/24 - Form 144
- IESC's page on the SEC website