ABM Industries Bolsters EV Business Via Acquisition Of Microgrid Systems Provider RavenVolt
ABM Industries, Inc . (NYSE: ABM ) has agreed to acquire RavenVolt, Inc , headquartered in Alpharetta, Georgia, for an initial purchase price of $170 million in cash. The purchase price also includes the potential for post-closing earn-out consideration payable in cash in calendar years 2024, 2025, and 2026. The maximum aggregate cash earn-out payment amount is $280 million, resulting in a maximum total purchase price of … Full story available on Benzinga.com
ABM Industries Bolsters EV Business Via Acquisition Of Microgrid Systems Provider RavenVolt
ABM Industries, Inc . (NYSE: ABM ) has agreed to acquire RavenVolt, Inc , headquartered in Alpharetta, Georgia, for an initial purchase price of $170 million in cash. The purchase price also includes the potential for post-closing earn-out consideration payable in cash in calendar years 2024, 2025, and 2026. The maximum aggregate cash earn-out payment amount is $280 million, resulting in a maximum total purchase price of … Full story available on Benzinga.com