On the Record · ABM Industries
ABM Industries acquisitions, on the record
The businesses ABM Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
GCA Services GroupWord for word“In 2017, we acquired GCA Services Group (“GCA”), a provider of integrated facility services to educational institutions and commercial facilities, for approximately $1.3 billion, representing the largest acquisition in ABM history.” 10-K for 2023 | acquisition | In 2017 | approximately $1.3 billion |
Crown Building Maintenance Co. and Crown Energy Services, Inc. (collectively, “Able”)Word for word“In 2021, we acquired Crown Building Maintenance Co. and Crown Energy Services, Inc. (collectively, “Able”), a leading facilities services company headquartered in San Francisco, California, with the goal to provide additional scaling to the Company’s core businesses and key geographies and bolstering ABM’s janitorial and facilities services service lines.” 10-K for 2023 | acquisition | In 2021 | — |
RavenVolt, Inc.Word for word“The initial purchase price for the acquisition was approximately $ 170.0 million in cash at closing (subject to customary working capital and net debt adjustments) plus the potential of post-closing contingent consideration of up to $ 280.0 million.” 10-K for 2023 | acquisition | — | — |
Momentum Support (Maybin Support Services Limited, Momentum Support Limited (UK), and Momentum Property Support Services Limited)Word for word“Effective April 7, 2022, we acquired Maybin Support Services Limited, Momentum Support Limited (UK), and Momentum Property Support Services Limited (collectively “Momentum”), a leading independent provider of 59 facility services, primarily janitorial, across Ireland and Northern Ireland, for a purchase price of approximately $ 54.8 million.” 10-K for 2023 | acquisition | Effective April 7, 2022 | — |
a group of customer contracts for healthcare technology management within Technical SolutionsWord for word“During 2022, we sold a group of customer contracts for healthcare technology management within our Technical Solutions segment for $ 8.5 million and recognized a gain of $ 7.6 million, which is included in “ Selling, general and administrative expenses ” in the accompanying Consolidated Statements of Comprehensive Income.” 10-K for 2023 | divestiture | During 2022 | $ 8.5 million |
Able (Crown Building Maintenance Co. and Crown Energy Services, Inc.)Word for word“On September 30, 2021, we completed the Able Acquisition for a net cash purchase price of $ 741.7 million.” 10-K for 2023 | acquisition | On September 30, 2021, we completed the Able Acquisition | a net cash purchase price of $ 741.7 million |
RavenVolt, Inc. (“RavenVolt”)Word for word“The purchase price for the acquisition was approximately $ 170.0 million in cash at closing (subject to customary working capital and net debt adjustments) plus the potential of post-closing contingent consideration of up to $ 280.0 million.” 10-K for 2024 | acquisition | — | — |
Momentum Support (“Momentum”)Word for word“In 2022, we acquired Momentum Support (“Momentum”), a leading independent provider of facility services, primarily janitorial, across Ireland and Northern Ireland.” 10-K for 2024 | acquisition | In 2022 | — |
Quality Uptime Services, Inc. (“Quality Uptime”)Word for word“Effective June 21, 2024, we acquired Quality Uptime Services, Inc. (“Quality Uptime”), an uninterrupted power supply system (“UPS”) installation and maintenance company providing customized preventive and emergency service programs for mission-critical data centers and other facilities, for a net cash purchase price of approximately $ 118.2 million (subject to customary working capital adjustments).” 10-K for 2024 | acquisition | Effective June 21, 2024 | approximately $ 118.2 million |
Security and Government Services businessesWord for word“As part of the transformation initiative, we also evaluated all of our service offerings and sold our Security and Government Services businesses, which did not align with our long-term focus on specialized industry groups.” 10-K for 2024 | divestiture | — | — |
LMC FM LimitedWord for word“Effective June 1, 2025, we acquired LMC FM Limited (“LMC”), a Dublin-based facilities services company with coverage across Ireland, for a purchase price of approximately $ 22.5 million in cash plus the potential of $ 5.8 million of contingent consideration to be paid in calendar year 2027 upon the retention of the top two customers.” 10-K for 2025 | acquisition | Effective June 1, 2025 | approximately $ 22.5 million in cash |
Quality Uptime Services, Inc.Word for word“Effective June 21, 2024, we acquired Quality Uptime Services, Inc. (“Quality Uptime”), an UPS installation and maintenance company providing customized preventive and emergency service programs for mission-critical data centers and other facilities, for a net cash purchase price of $ 116.3 million.” 10-K for 2025 | acquisition | Effective June 21, 2024 | $ 116.3 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-10-31 | $96 million | $0 | $64.8 million |
| 2017-10-31 | $853.6 million | $35.5 million | $945 million |
| 2018-10-31 | $0 | — | — |
| 2019-10-31 | $0 | — | — |
| 2020-10-31 | $0 | — | — |
| 2021-10-31 | $710.2 million | — | $0 |
| 2022-10-31 | $194.6 million | — | $269.2 million |
| 2023-10-31 | $0 | — | $1.1 million |
| 2024-10-31 | $114.3 million | — | $80.6 million |
| 2025-10-31 | — | — | $14.7 million |
Deal filings since 2016
- 2026-02-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from ABM Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-12-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.