Strategic Advisors is pleased to announce the closing of the sale of ABMECH, Inc. to Abmech Acquisitions, LLC. Strategic Advisors served as the exclusive sell-side advisor to the owner of ABMECH. The transaction was finalized on February 26, 2018.
ABMECH, located in West Homestead, PA, provides full service hazardous material abatement, as well as the application of thermal insulation to the commercial, industrial and institutional markets. The Company is licensed to manage abatement projects in Pennsylvania, West Virginia, Maryland, Virginia, New York and Ohio. ABMECH is staffed with highly trained technicians, fully experienced in meeting all facets of project needs. ABMECH provides the expertise and equipment to offer a “one stop shop,” delivering a site to the owner cleared of all hazardous materials along with mechanical, electrical, and architectural finishes.
Abmech Acquisitions, LLC is a newly-formed entity created to effectuate the purchase of ABMECH. Abmech Acquisitions is an affiliate of a nationally recognized foundation repair and basement waterproofing contractor that also provides structural solutions for new and existing commercial and industrial customers and commercial drilling services.
Strategic Advisors is a regional investment banking firm located in Canonsburg, Pennsylvania, that provides Strategic Consulting, Merger & Acquisition and Corporate Finance Advisory services to middle market companies.