HB GLOBAL, LLC CREATES HB MECHANICAL GROUP SUBSIDIARY FOR CONTINUED GROWTH
HARRISBURG, PA: HB Global, LLC, one of Central PA’s consistent Fastest Growing Companies, has announced a restructure that will better position themselves for acquisition growth and operational excellence. HB Global, LLC has created a new subsidiary, HB Mechanical Group, LLC, to house their eight commercial/industrial mechanical, electrical, and plumbing (MEP) companies. Sal Bauccio will continue to be the President of these commercial businesses, now HB Mechanical Group. HB Global’s multi-division residential group, HB Home Services, is also now its own subsidiary and will continue to be led by Eric Crawford.
“Our new business model serves several important purposes. HB Global was created to be a holding company with minimal day-to-day operational involvement. Due to the number of acquisitions and our growth this became exceedingly more difficult under the old structure. Each subsidiary/business unit will now employ their own functional leaders, allowing each to have much more operational efficiency because they have different needs. Sal and Eric are the right leaders to move our business units forward. We will continue to focus on MEP acquisitions, but this new structure clearly positions HB Global to consider future acquisitions and create other subsidiaries that may be outside our current verticals.” –Bob Whalen, CEO of HB Global
HB Mechanical Group, their newly created subsidiary, has 2,100 employee owners. They operate out of 18 offices and have completed work in 25 U.S. states & territories, other Caribbean islands, Honduras, and Mexico. This commercial group accounts for over 90% of HB Global’s current revenue. For more information on the new HB Mechanical Group, visit HBMechanicalGroup.com.
HB Global, LLC, is based in the city of Harrisburg, PA and is an employee-owned ESOP, helping to make Harrisburg the nation’s third largest city in employee ownership. HB Global’s mission across all business units is to empower their employee owners to make it a great place to work and create value. For more information about HB Global, visit HB-Global.com.