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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

BusinessDealWhenValue
GCA Services Group
Word 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
acquisitionIn 2017approximately $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
acquisitionIn 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
acquisitionEffective April 7, 2022—
a group of customer contracts for healthcare technology management within Technical Solutions
Word 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
divestitureDuring 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
acquisitionOn September 30, 2021, we completed the Able Acquisitiona 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
acquisitionIn 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
acquisitionEffective June 21, 2024approximately $ 118.2 million
Security and Government Services businesses
Word 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 Limited
Word 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
acquisitionEffective June 1, 2025approximately $ 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
acquisitionEffective June 21, 2024$ 116.3 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill 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

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.