Peregrine Advisors is pleased to announce the acquisition of Kent Island Mechanical by Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach”). Kent Island Mechanical ("KIM"), headquartered in Laurel, Maryland, delivers value-added HVAC and plumbing services for projects in the healthcare and defense industries. Limbach, with 1300 employees across 19 offices, is a building systems solution firm that partners with building owners and facilities managers who have mechanical (heating, ventilation and air conditioning), electrical and plumbing infrastructure. They strive to be an indispensable partner to their customers by providing services essential to the operation of their businesses. The acquisition expands Limbach’s design, engineering, maintenance, capital project, and emergency mechanical solutions capabilities in key end-markets. KIM’s talented workforce, business model, and customer base complement and bolster Limbach’s existing Mid-Atlantic business and aligns with the Company’s strategy to expand Owner Direct Relationships (“ODR”) with owners of mission-critical facilities. https://lnkd.in/gfidKQif
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