On the Record · EMCOR Group
EMCOR Group acquisitions, on the record
The businesses EMCOR Group 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 |
|---|---|---|---|
a national energy efficiency specialty services firmWord for word“During 2023, we acquired eight companies for total consideration of $99.6 million.” 10-K for 2023 | acquisition | During 2023 | total consideration of $99.6 million |
a company that provides electrical construction services in the Greater Boston areaWord for word“During 2022, we acquired six companies for total consideration of $100.8 million.” 10-K for 2023 | acquisition | During 2022 | total consideration of $100.8 million |
eight companies acquired during 2021Word for word“During 2021, we acquired eight companies for total consideration of $ 131.2 million.” 10-K for 2023 | acquisition | During 2021 | — |
Miller Electric CompanyWord for word“Further, realization of the anticipated benefits of an acquisition such as our acquisition of Miller Electric Company, and avoiding or mitigating the potential risks associated with an acquisition, will depend, among other things, upon our ability to:” 10-K for 2024 | acquisition | — | — |
seven companies acquired in 2024Word for word“During 2024, we acquired seven companies for upfront consideration of $231.1 million, inclusive of customary working capital adjustments.” 10-K for 2024 | acquisition | During 2024 | $231.1 million |
eight companies acquired in 2023Word for word“During 2023, we acquired eight companies for total consideration of $99.6 million.” 10-K for 2024 | acquisition | During 2023 | $99.6 million |
six companies acquired in 2022Word for word“During 2022, we acquired six companies for total consideration of $100.8 million.” 10-K for 2024 | acquisition | During 2022 | $100.8 million |
nine companies acquired during 2025 in addition to Miller ElectricWord for word“In addition to Miller Electric, during 2025, we acquired nine companies for upfront consideration of $182.1 million.” 10-K for 2025 | acquisition | during 2025 | $182.1 million |
United Kingdom operationsWord for word“On December 1, 2025, we sold our United Kingdom operations, the results of which are reported within our United Kingdom building services segment through the date of sale.” 10-K for 2025 | divestiture | December 1, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $232.9 million | $0 | $138 million |
| 2017-12-31 | $107.2 million | — | $40.7 million |
| 2018-12-31 | $72.1 million | — | $26.3 million |
| 2019-12-31 | $301 million | — | $73.1 million |
| 2020-12-31 | $50.4 million | — | $13.1 million |
| 2021-12-31 | $118.2 million | — | $38.3 million |
| 2022-12-31 | $98.7 million | — | — |
| 2023-12-31 | $96.5 million | $0 | — |
| 2024-12-31 | $228.2 million | $0 | — |
| 2025-12-31 | $1.02 billion | $256.6 million | — |
Deal filings since 2016
- 2025-02-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from EMCOR Group’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 2026-02-26. 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.