ABM completed the acquisition of Able Services for $830m.

ABM, a provider of facility solutions, completed the acquisition of Able Services, a family-owned provider of janitorial, engineering, and facility solutions, for $830m. “This acquisition is fully aligned with the strategic plan we have developed to accelerate our revenue growth and margin expansion in the coming years. Able represents an excellent strategic and cultural fit for us, adding to our scale in engineering and janitorial services, which represent priority growth areas for ABM over the next five years. Additionally, Able’s commitment to delivering outstanding service to its clients while engaging with its team members fits well with ABM’s culture and values. Together, we will build upon our respective strengths and shared values as we provide a broader array of services to an expanded client roster," Scott Salmirs, ABM President and CEO.