ABM Expands Position and Capabilities in Fast-Growing Data Center Industry with Acquisition of Quality Uptime Services

Core Viewpoint - ABM Industries has acquired Quality Uptime Services for $119 million, enhancing its capabilities in the critical power services sector and positioning itself for growth in the data center market driven by artificial intelligence investments [1][4]. Company Overview - ABM Industries is a leading provider of integrated facility solutions, serving over 20,000 clients with annualized revenue exceeding $8 billion and a workforce of more than 100,000 employees across 350+ offices [5]. - Quality Uptime Services specializes in uninterrupted power supply (UPS) maintenance and battery maintenance, with a strong focus on mission-critical data centers and a client base that spans multiple industries [6]. Acquisition Details - The acquisition of Quality Uptime is expected to double ABM's mission critical-related revenue in the first full year, reflecting the growing demand for data center infrastructure [4]. - Quality Uptime will maintain its brand identity while integrating ABM's resources to enhance service offerings and expand customer reach [2][3]. Service Expansion - With the addition of Quality Uptime, ABM's Mission Critical Solutions group will provide a comprehensive range of services, including electrical testing, UPS service and maintenance, and power distribution unit service, complementing existing offerings in microgrid design and critical cooling [3].