NDAQ:IESC - Post Discussion
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RionsRun on Feb 21, 2020 10:44am
IES scoops up Aerial Lighting & Electric
Feb. 18, 2020 11:04 AM ET|About: IES Holdings, Inc. (IESC)|By: Yoel Minkoff, SA News Editor
IES Holdings (IESC -0.2%) has acquired all of the equity interests in Aerial Lighting & Electric, an electrical contractor with revenues of approximately $24M in calendar year 2019.
Aerial will become part of IES's Residential segment and continue to operate under the Aerial name.
"The acquisition of Aerial reinforces our strategy to partner with strong management teams in attractive markets," said Dwayne Collier, President of IES's Residential segment.
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