Core Insights - ConnectM Technology Solutions, Inc. has acquired Air Temp Service Co., a leading HVAC provider in New Jersey, for 1.5 million shares of ConnectM common stock [1] - The acquisition enhances ConnectM's Owned Service Network segment and allows for cross-selling of distributed energy solutions to Air Temp's existing customer base [2] - ConnectM aims to leverage its Connected Operations applications to monitor Air Temp's HVAC equipment, integrating performance data into its Energy Intelligence Network to improve predictive capabilities and increase recurring revenue [2] Company Overview - Air Temp has over 25 years of experience in providing reliable HVAC services, known for quality craftsmanship and exceptional customer care [4] - ConnectM is focused on powering the next generation of electrified equipment and distributed energy, with a proprietary Energy Intelligence Network platform designed to optimize energy efficiency and support sustainable innovation [5] - The strategic addition of Air Temp aligns with ConnectM's mission to accelerate the transition to a smarter, cleaner energy economy [3]