The acquisition will empower Legence to give extra engineering, commissioning, and building management expert services whilst unlocking new opportunities for created atmosphere sustainability.
SAN JOSE, Calif.–Legence, a Blackstone Portfolio Company and North The us’s top, integrated company of vitality efficiency and sustainability solutions for the crafted natural environment, currently declared the acquisition of P2S Inc. (P2S), a California-centered engineering, commissioning, and building management firm specializing in important sectors together with larger schooling, federal and municipal establishments, health care services, data facilities, and extra.
In the wake of California’s Local weather Accountability Package and new SEC climate rulings that mandate and standardize company emissions disclosures, the acquisition of P2S will situation Legence as the premier supplier of significant-performance, very low-emissions buildings nationwide.
“At Legence, we search for companions who share our values and determination to client services, not just marketplace-foremost benefits,” suggests Jeff Sprau, CEO of Legence. “P2S’s alignment with our culture and processes helps make them a fantastic suit. With each other, we’ll expand our geographic access and produce even stronger benefits for our shoppers, all whilst functioning towards a sustainable long run.”
The P2S acquisition will further more broaden Legence’s consulting engineering solutions on the West Coast, constructing on other modern partnerships with A.O. Reed and SC Engineers, enabling Legence to supply even additional customers with greatest-in-class remedies to boost effectiveness and decrease functioning expenses. The partnership combines the strength and innovation of two talented teams, and P2S’s industry-leading perform in Seattle will unlock further alternatives in the Pacific Northwest – specially in the greater training, municipal, federal, and health care marketplaces.
“With expanded abilities and increased obtain to economic and complex sources, becoming a member of the Legence spouse and children will gain our shoppers, our trustworthy employees, and the developed atmosphere,” explained Kevin Peterson, president and CEO of P2S. “We’re committed to nurturing the up coming generation of decarbonization leaders and joining Legence’s workforce of 5000+ knowledgeable workers.”
About Legence
As an Power Transition Accelerator, Legence transforms buildings to pave the way for a sustainable potential — more rapidly. Legence is North America’s primary, built-in supplier of vitality effectiveness and sustainability answers for the built environment. Legence increases the functionality of properties, producing the spaces that shape our lives healthier and much more sustainable. We focus in assisting purchasers minimize operating prices, decrease carbon emissions, and greatly enhance occupant effectively-being and productiveness. From advisory providers and style to construction and ongoing upkeep, we present a in depth suite of stackable solutions across the overall constructing lifecycle. With more than a century of practical experience, we have the skills to put into action superior-undertaking tasks with unmatched outcomes, serving industry leaders in mission-significant and important sectors these kinds of as information facilities, semiconductors, existence sciences, health care, education and learning, and extra.
The post Legence Acquires Leading Engineering Organization P2S in Most up-to-date West Coastline Expansion appeared initially on The Registry SoCal Actual Estate News.