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Ameresco Announces Acquisition of ASA Controls Expanding Smart Buildings and Controls Expertise

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Ameresco (NYSE: AMRC) has announced the acquisition of ASA Controls, a Cincinnati-based regional controls contractor and systems integrator. The strategic move strengthens Ameresco's Smart Buildings and Controls offerings and expands its existing pipeline in the smart buildings sector.

Founded in 2003, ASA Controls has established itself through providing high-quality services to general contractors and end users, with a team of engineers, technicians, sales personnel, and support staff. The integration enhances Ameresco's Smart Building Solutions team, increasing capacity to meet growing market demands and offering more comprehensive building automation solutions.

The financial terms of the transaction remain undisclosed, though Ameresco states the acquisition is not expected to materially impact the company's 2025 financial results.

Ameresco (NYSE: AMRC) ha annunciato l'acquisizione di ASA Controls, un appaltatore regionale di controlli e integratore di sistemi con sede a Cincinnati. Questa mossa strategica rafforza l'offerta di Ameresco nel settore degli Edifici Intelligenti e dei Controlli, ampliando il suo portafoglio esistente nel settore degli edifici intelligenti.

Fondata nel 2003, ASA Controls si è affermata fornendo servizi di alta qualità a appaltatori generali e utenti finali, con un team di ingegneri, tecnici, personale di vendita e personale di supporto. L'integrazione potenzia il team delle Soluzioni per Edifici Intelligenti di Ameresco, aumentando la capacità di soddisfare la crescente domanda di mercato e offrendo soluzioni di automazione degli edifici più complete.

I termini finanziari della transazione rimangono riservati, sebbene Ameresco affermi che l'acquisizione non dovrebbe influenzare in modo significativo i risultati finanziari dell'azienda nel 2025.

Ameresco (NYSE: AMRC) ha anunciado la adquisición de ASA Controls, un contratista regional de controles e integrador de sistemas con sede en Cincinnati. Este movimiento estratégico fortalece la oferta de Edificios Inteligentes y Controles de Ameresco y amplía su cartera existente en el sector de edificios inteligentes.

Fundada en 2003, ASA Controls se ha establecido proporcionando servicios de alta calidad a contratistas generales y usuarios finales, con un equipo de ingenieros, técnicos, personal de ventas y personal de apoyo. La integración mejora el equipo de Soluciones para Edificios Inteligentes de Ameresco, aumentando la capacidad para satisfacer la creciente demanda del mercado y ofreciendo soluciones de automatización de edificios más completas.

Los términos financieros de la transacción permanecen no divulgados, aunque Ameresco afirma que se espera que la adquisición no impacte materialmente los resultados financieros de la empresa en 2025.

Ameresco (NYSE: AMRC)는 신시내티에 본사를 둔 지역 제어 계약업체이자 시스템 통합업체인 ASA Controls의 인수를 발표했습니다. 이 전략적 결정은 Ameresco의 스마트 빌딩 및 제어 솔루션을 강화하고 스마트 빌딩 분야에서 기존 파이프라인을 확장합니다.

2003년에 설립된 ASA Controls는 일반 계약자와 최종 사용자에게 고품질 서비스를 제공함으로써 입지를 다졌으며, 엔지니어, 기술자, 영업 직원 및 지원 직원으로 구성된 팀을 보유하고 있습니다. 이 통합은 Ameresco의 스마트 빌딩 솔루션 팀을 강화하여 증가하는 시장 수요를 충족할 수 있는 능력을 높이고 더 포괄적인 빌딩 자동화 솔루션을 제공합니다.

거래의 재무 조건은 공개되지 않았지만, Ameresco는 인수가 2025년 회사의 재무 결과에 실질적인 영향을 미치지 않을 것으로 예상하고 있다고 밝혔습니다.

Ameresco (NYSE: AMRC) a annoncé l'acquisition de ASA Controls, un entrepreneur régional en contrôles et intégrateur de systèmes basé à Cincinnati. Ce mouvement stratégique renforce l'offre d'Ameresco en matière de Bâtiments Intelligents et de Contrôles et élargit son portefeuille existant dans le secteur des bâtiments intelligents.

Fondée en 2003, ASA Controls s'est imposée en fournissant des services de haute qualité aux entrepreneurs généraux et aux utilisateurs finaux, avec une équipe d'ingénieurs, de techniciens, de commerciaux et de personnel de soutien. L'intégration renforce l'équipe des Solutions pour Bâtiments Intelligents d'Ameresco, augmentant la capacité à répondre à la demande croissante du marché et offrant des solutions d'automatisation des bâtiments plus complètes.

Les termes financiers de la transaction restent confidentiels, bien qu'Ameresco déclare que l'acquisition ne devrait pas avoir d'impact significatif sur les résultats financiers de l'entreprise en 2025.

Ameresco (NYSE: AMRC) hat die Übernahme von ASA Controls angekündigt, einem regionalen Steuerungsauftragnehmer und Systemintegrator mit Sitz in Cincinnati. Dieser strategische Schritt stärkt das Angebot von Ameresco im Bereich der Smart Buildings und Controls und erweitert die bestehende Pipeline im Sektor der intelligenten Gebäude.

Gegründet im Jahr 2003 hat sich ASA Controls durch die Bereitstellung hochwertiger Dienstleistungen für Generalunternehmer und Endbenutzer etabliert, mit einem Team aus Ingenieuren, Technikern, Vertriebsmitarbeitern und Supportmitarbeitern. Die Integration verbessert das Team für Smart Building Solutions von Ameresco und erhöht die Kapazität, um die wachsende Marktnachfrage zu erfüllen und umfassendere Lösungen zur Gebäudeautomatisierung anzubieten.

Die finanziellen Bedingungen der Transaktion bleiben unveröffentlicht, obwohl Ameresco angibt, dass die Übernahme voraussichtlich keine wesentlichen Auswirkungen auf die Finanzergebnisse des Unternehmens im Jahr 2025 haben wird.

Positive
  • Expands smart building solutions capabilities
  • Increases operational capacity and market reach
  • Adds experienced technical team and expertise
  • Enhances ability to handle larger, complex projects
Negative
  • No material financial impact expected for 2025
  • Undisclosed acquisition cost creates uncertainty

Insights

Ameresco's acquisition of ASA Controls represents a strategic capability enhancement rather than a financial catalyst for the energy solutions provider. The company explicitly stated the acquisition will not have a material impact on its 2025 financial results, signaling this is a small-scale transaction focused on technical expertise rather than immediate revenue contribution.

This deal aligns with Ameresco's growth strategy of acquiring specialized capabilities that complement its existing service portfolio. By integrating ASA Controls' engineering team and technical expertise in building automation systems, Ameresco strengthens its competitive positioning in the smart buildings sector - an increasingly important segment as organizations prioritize energy efficiency and building optimization.

For investors, this transaction reflects Ameresco's continued focus on expanding its technical capabilities through targeted acquisitions. The company is building competencies in high-demand areas related to energy transition and efficiency without significantly impacting its balance sheet. This disciplined approach to M&A suggests management is prioritizing long-term value creation through capability building rather than pursuing large, potentially dilutive transactions.

While financial terms remain undisclosed, the non-material nature of the transaction indicates this acquisition is about enhancing service offerings and technical expertise rather than immediate financial growth - a prudent strategic move that supports Ameresco's positioning in the evolving energy solutions marketplace.

The acquisition strengthens Ameresco’s Smart Buildings and Controls offerings, enhancing its ability to deliver innovative and efficient solutions

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the successful acquisition of ASA Controls, a regional controls contractor and systems integrator based in Cincinnati, Ohio. With this acquisition, Ameresco expands its existing pipeline and solution offerings in the smart buildings sector.

ASA Controls, founded in 2003, has built a strong reputation for providing high-quality services to general contractors and end users across the region. With a dedicated team of engineers, technicians, sales personnel, and support staff, ASA Controls has consistently prioritized innovative solutions optimizing system functionality and improving operational efficiency. The integration of ASA Controls' talented professionals directly enhances Ameresco’s Smart Building Solutions team, increasing capacity to scale and meet growing market demands. By leveraging expertise across various building controls, Ameresco offers a more comprehensive range of solutions, providing tailored and innovative energy solutions.

"We are thrilled to welcome ASA Controls to the Ameresco family," said Lou Maltezos, President of Central & Western USA, Canada Regions at Ameresco. "This acquisition aligns with our strategic goals and strengthens our ability to deliver innovative building automation solutions to our clients. The combined expertise and resources of our teams will enable us to tackle larger, more complex projects and drive significant value for our customers."

"We are excited about the opportunities this acquisition brings," said Mike Agnew, Managing Founder of ASA Controls. "Joining forces with Ameresco allows us to leverage their extensive resources and expertise, providing even greater value to our customers and supporting the growth and development of our team."

Financial terms of the transaction are undisclosed, though Ameresco does not anticipate that the acquisition will have a material impact on the 2025 financial results of the company.

With this strategic acquisition, Ameresco not only enhances its capabilities and expands its presence in the building automation and temperature control market but also reinforces its strong commitment to delivering exceptional solutions that meet evolving needs.

To learn more about Ameresco, visit www.ameresco.com.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.

Media:

Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com

Source: Ameresco, Inc.

FAQ

What is the strategic importance of Ameresco's acquisition of ASA Controls?

The acquisition strengthens Ameresco's Smart Buildings and Controls offerings, expands its pipeline in the smart buildings sector, and enhances its capacity to deliver comprehensive building automation solutions.

How will the ASA Controls acquisition impact Ameresco's (AMRC) 2025 financial results?

According to Ameresco, the acquisition is not expected to have a material impact on the company's 2025 financial results.

What expertise does ASA Controls bring to Ameresco's operations?

ASA Controls brings expertise in building controls and systems integration, with a dedicated team of engineers, technicians, sales personnel, and support staff specializing in system optimization and operational efficiency.

Where is ASA Controls based and when was it founded?

ASA Controls is based in Cincinnati, Ohio, and was founded in 2003.

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