Acquisition

Episode 9: Bob Answers Employee Owner ESOP Questions Pt. 2

This month's episode is the continuation of last month's episode. Bob Whalen answers more ESOP questions from employee owners from our divisions all over the country. Bob enjoys the opportunity to explain the why behind the things we do and the way we go about doing business at HB Global. Bob Whalen is the CEO of HB Global, an employee-owned parent company for mechanical, electrical, and plumbing operating divisions across the United States. He is particularly passionate about employee ownership.

2024-09-25T11:39:14-04:00Podcast|

HB Global Acquires Arizona-based Spectrum Mechanical & Service Contractors

HARRISBURG, PA (January 6, 2020) – HB Global, LLC has announced that it has acquired Spectrum Mechanical & Service Contractors LLC of Tempe, AZ. Founded in 1997, Spectrum is a provider of design, installation, maintenance, and service of commercial HVAC systems throughout Arizona. Spectrum serves a broad spectrum of clientele, including: commercial/retail spaces, high-rise buildings, student housing, multi-family, high-end condos, healthcare facilities, hospitality, education, automotive industry, and houses of worship. Spectrum comprises 150 employees, and its revenue for 2019 was approximately $25 million. According to Sal Bauccio, COO of Commercial Operations for HB Global, Spectrum will become the fifth division of HB Global, which includes: HB McClure, IT Landes, Nash Plumbing & Mechanical, and North Shore Mechanical Contracting. “Bringing the Spectrum team onboard allows us to expand our offerings beyond the east coast while also ensuring that our core values remain central to our business and reputation,” said Bauccio. “Spectrum

HB Global, LLC, Acquires Mass.-based North Shore Mechanical Contractors, Inc.

HB Global, LLC, Acquires Mass.-based North Shore Mechanical Contractors, Inc. HARRISBURG, PA (July 2, 2019) – HB Global, LLC has announced that it has acquired North Shore Mechanical Contractors, Inc., (NSMC). Founded in 1984, NSMC is a provider of design, installation, and service of specialized plumbing, high purity water, process piping, and wastewater treatment systems. NSMC serves industrial and commercial clients in biotechnology, education, healthcare, life science, and advanced technology in Eastern and Central Massachusetts, Southern New Hampshire, and Southern Maine. According to Eric Crawford, COO of HB Global, NSMC will become the fourth division of HB Global, which includes HB McClure, IT Landes, and Nash Plumbing and Mechanical.  “NSMC expands our service offerings in specialty plumbing into more technology-focused sectors and further extends our geographic reach,” said Crawford. “NSMC also aligns with our core values, which remains extremely important to us.” HB Global, LLC, is the parent company of

2024-09-20T06:07:24-04:00Press Release|
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