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Announced

Completed

Southland Industries completed the acquisition of Burns Mechanical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

Acquisition

Private

Completed

mechanical contractor

Engineering Consulting

Friendly

Single Bidder

Domestic

Synopsis

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Southland Industries, a provider of MEP building systems solutions, completed the acquisition of Burns Mechanical, a mechanical contractor based in the greater Philadelphia region. Financial terms were not disclosed. “Philadelphia fits within our Mid-Atlantic Division’s current footprint and is nearly adjacent to the Washington DC/Baltimore market. Being this close to each other will allow for close collaboration and will allow Burns to leverage Southland’s capabilities,” Ted Lynch, Ph.D., Southland Industries CEO.

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