Profile: ABM Industries Inc (ABM.N)
11 Jul 2014
ABM Industries Incorporated (ABM), incorporated on March 19, 1985, is a provider of integrated facility solutions. The Company provides end-to-end integrated facilities management services to thousands of commercial, governmental, industrial, institutional, residential, and retail client facilities in hundreds of cities, primarily throughout the United States. Its ABM’s capabilities include facility services, energy solutions, commercial cleaning, maintenance and repair, heating, ventilation, and air conditioning (HVAC), electrical, landscaping, parking and security, through stand-alone or integrated solutions. The Company segments include Janitorial, Facility Services, Parking, Security, Building & Energy Solutions, and Other. On November 1, 2012, it acquired Air Serv Corporation (Air Serv), a provider of facility solutions services for airlines, airports, and freight companies, and HHA Services, Inc. On November 1, 2012, ABM Building Services acquired the operations of Calvert-Jones.
The Company’s Janitorial segment provides a range of essential janitorial services for a variety of client facilities, including airports and other transportation centers, commercial office buildings, educational institutions, government buildings, health facilities, industrial buildings, retail stores, shopping centers, stadiums and arenas, and warehouses. These services include carpet cleaning and dusting, floor cleaning and finishing, furniture polishing, window washing, and other building cleaning services. Janitorial services are provided in all 50 states, the District of Columbia, and the Commonwealth of Puerto Rico, as well as in certain international locations.
The Company competes with Able Services, GCA Services Group, Inc., Harvard Maintenance, ISS Facility Services, Inc. and UNICCO Service Company.
The Company’s Facility Services segment provides onsite mechanical engineering and technical services and solutions for facilities and infrastructure systems for a variety of client facilities, including airports and other transportation centers, commercial infrastructure, corporate office buildings, data centers, educational institutions, high technology manufacturing facilities, museums, resorts, and shopping centers. Facility services are provided in 42 states and the District of Columbia, as well as in certain international locations.
The Company competes with Able Services, Aramark Corporation, Johnson Controls, Inc., and UNICCO Service Company.
The Company’s Parking segment provides parking and transportation services for clients at many facilities, including airports and other transportation centers, educational institutions, health facilities, hotels, municipalities, office buildings, retail centers, and stadiums and arenas. Parking services are provided in 41 states and the District of Columbia. There are three types of arrangements for parking services: managed locations, leased locations, and allowance locations.
The Company competes with LAZ Parking, LLC and Standard Parking Corporation.
The Company’s Security segment provides security services for a range of facilities, including Class A high rise, commercial, health, industrial, petro-chemical, residential, and retail facilities. Security services include staffing of security officers, mobile patrol services, investigative services, electronic monitoring of fire and life safety systems and access control devices, and security consulting services. Security staffing (guarding), is the provision of dedicated security officers to a client facility. This component is the core of its security business and represents the portion of security revenues. Mobile patrol is the use of roving security officers in vehicles that serve multiple locations and clients across a pre-defined geographic area. Investigative services include white collar crime investigation, undercover operations, and background screening services. Electronic monitoring is primarily achieved through its partnership with a systems integrator. Security services are provided in 42 states, the District of Columbia, and the Commonwealth of Puerto Rico.
The Company competes with AlliedBarton Security Services, LLC, G4S Secure Solutions, Inc., Guardsmark, LLC, and Securitas Security Services USA, Inc.
Building & Energy Solutions
The Company’s Building & Energy Solutions segment provides heating, ventilation, air-conditioning, electrical, lighting and other general maintenance and repair services. These services include preventative maintenance, retro-commissioning, installations, retrofits and upgrades, environmental services, systems start-ups, performance testing, energy audits, and bundled energy solutions for a variety of clients in both the private and public sectors. Also included within the Building & Energy Solutions segment are its franchised operations under the Linc Network, TEGG, and CurrentSAFE brands, which provide mechanical and electrical preventive and predictive maintenance solutions. Its Building & Energy Solutions segment operates in all 50 states and the District of Columbia, as well as in certain international locations.
The Company competes with Aramark Corporation, Comfort Systems USA, Inc., Dyncorp International, LLC, Emcor Group, Inc., IAP Worldwide Services, Inc., J&J Maintenance, Inc., Johnson Controls, Inc., and Siemens Building Technologies.
The business activities of its Other segment include the operations of its recently acquired Air Serv business. Air Serv provides facility solutions services to clients in its aviation vertical related to passenger assistance, including wheelchair operations, aircraft cabin cleaning, janitorial services, shuttle bus operations, and access control, among others. Air Serv operates in 26 states and the United Kingdom.
The Company competes with Aviation Safeguards, G2 Secure Staff, LLC, G4S plc, ISS Facility Services, Inc., Menzies Aviation, PLC, Mitie Group, PLC, OCS Group Limited, PrimeFlight Aviation Services, Prospect Aviation Corporation, and Swissport International, LTD.
ABM Industries Inc
Suite 300, 551 Fifth Avenue
NEW YORK NY 551 FIFTH