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Announced

ABB to acquire SEAM from Align Capital.

Synopsis

ABB, an automation company, agreed to acquire SEAM, a facilities services company, from Align Capital, a private equity firm. Financial terms were not disclosed. “I am incredibly proud of the team at SEAM Group and the business transformation that occurred over the span of our partnership. Together with management, we more than tripled employee headcount to support an expanded service offering designed to help customers increase safety and reliability in their organizations,” Chris Jones, Align Capital Co-Founder and Managing Partner.

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