TDIndustries Acquires JBS Mechanical
More than 100 companies were reviewed by TD senior management with four potential acquisition candidates identified. “JBS is a respected HVAC service contractor with loyal customers and a 20-year track record of service to this community,” said Ed White, general manager of TDIndustries in Phoenix.
JBS Mechanical, with $2.2 million in annual revenues, specializes in commercial and industrial HVAC systems and has a deep client roster of owner-occupied facilities, especially financial institutions. JBS President and Co-ownerRobert Stingerwill remain with TDIndustries as a senior sales executive. George Athens, vice president of service for TDIndustries in Phoenix, will assume day-to-day responsibilities and management oversight.
Dave Jordan, JBS vice president, is also remaining with TDIndustries and will be responsible for the leadership of the field technicians and customer retention.