ABM Expands Footprint With Acquisition of Ireland-Based Momentum Support
NEW YORK, April 07, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services and solutions, today announced it has completed the acquisition of Momentum Support ("Momentum"), headquartered in Dublin, Republic of Ireland, in an all cash transaction. Momentum is a leading independent provider of facility services, primarily janitorial, across the Republic of Ireland and Northern Ireland. Momentum generated annual revenue of approximately $70 million in 2021 and has a workforce of 2,300. This acquisition is reflective of ABM's ELEVATE strategy to grow via strategic acquisitions which expand the Company's footprint in attractive geographies and end-markets.
