Deal Snapshot
TRC ACQUIRES LOCKHEED MARTIN DISTRIBUTED ENERGY SOLUTIONS
Friday 29 November 2019

Massachusetts, US-based construction management solutions company TRC Companies has acquired the Distributed Energy Solutions business of Maryland, US-based Lockheed Martin to advance the ability to delivery integrated solutions for advanced energy projects, the company said.
LM-DES is based in Rockville, Maryland, and currently serves many of the nation's top electric and gas utilities. LM-DES prides itself on developing energy efficiency, IT outsourcing, beneficial electrification and demand response/DERMS solutions.


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Details
Date Published: 29/11/2019
Target: Lockheed Martin/ Distributed Energy Solutions business
Country: USA
Sector: Computer Software
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: TRC Companies
Comment:
Terms of the deal were not disclosed

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