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TAC to acquire six Yamas Controls locations PDF Print E-mail
Tuesday, 03 July 2007

TAC, a world leader in building automation, security systems and energy solutions, recently signed a purchase agreement to acquire six operating units of Yamas Controls Group Inc. in the US with combined revenue of more than $40 million and a workforce of 225 employees, reveals the company’s press release.

 

tacYamas Controls Group 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. It was founded in San Francisco in 1952 and is headquartered in Sacramento (California), privately-owned by Alestra Ltd., a London-based financial holding company.

 

“Acquiring these Yamas business units allows TAC to secure prominent systems integration market share in the Carolinas and to establish a foothold in the integration business in the fast growing western U.S. regions of Northern California and Las Vegas”, said Dean Meyer, president of TAC Americas. “Yamas successfully serves many of the same core market segments as TAC, making the two companies highly compatible.” “This 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,” said Arne Frank, chairman and chief executive officer of TAC.





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