July 6, 2007—TAC, a world leader in building automation, security systems, and energy solutions, has signed a purchase agreement to acquire six operating units of Yamas Controls Group Inc. These six units have combined revenue of more than $40 million and a workforce of 225 employees. TAC will acquire Yamas Controls Inc. in San Francisco; the Yamas Controls Southwest office in Las Vegas; and four Yamas Controls Carolinas offices located in Charlotte, N.C.; Greensboro, N.C.; Morrisville (Raleigh), N.C.; and Greenville, S.C. Terms of the deal were not disclosed.
The Yamas locations in the Carolinas will be integrated with existing TAC offices, and the western operations will function within TAC’s current systems integration office management structure, according to the company.
Alestra Ltd., a London-based financial holding company, privately owns Yamas Controls Group. Yamas is one of the nation’s largest independent systems integrators and installs building management systems (BMS) to control heating, ventilation, air conditioning (HVAC), lighting, energy, security, and access. Its operating companies are leaders in various market segments, including education, healthcare, commercial, pharmaceutical, hospitality and gaming, government, and manufacturing.
The acquisition is aligned with the growth strategy of TAC’s parent company, Schneider Electric, which is to expand beyond power management by offering a complete building management platform with a full suite of integration solutions, according to TAC.
For more information visit the TAC Web site.
