ABM Industries

ABM Broadens Its Technical Solutions Capabilities With Acquisition of Rapidly Expanding RavenVolt

Retrieved on: 
Thursday, August 18, 2022
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The acquisition of RavenVolt is reflective of ABMs ELEVATE strategy to grow via strategic acquisitions which expand the Companys core capabilities in attractive and dynamic end-markets, such as the rapidly growing and evolving microgrid market.

Key Points: 
  • The acquisition of RavenVolt is reflective of ABMs ELEVATE strategy to grow via strategic acquisitions which expand the Companys core capabilities in attractive and dynamic end-markets, such as the rapidly growing and evolving microgrid market.
  • RavenVolt designs and installs customized microgrid solutions, including RavenVolt branded generators and switchgear that deliver modular and redundant power to ensure energy resiliency and reliability.
  • The acquisition of RavenVolt is a natural extension of ABMs Technical Solutions service offerings and enhances ABMs position as a market leader in EV infrastructure, power and bundled energy solutions.
  • We also see opportunities to cross-sell core ABM services to existing RavenVolt clients, especially for ongoing engineering and maintenance of installed systems.

Bed Bath & Beyond Inc. appoints new Chief Accounting Officer and Head of Treasury

Retrieved on: 
Thursday, June 30, 2022
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Ms. Crossen will lead Bed Bath & Beyond's team that is responsible for executing the Company's global accounting operations, financial reporting and tax functions.

Key Points: 
  • Ms. Crossen will lead Bed Bath & Beyond's team that is responsible for executing the Company's global accounting operations, financial reporting and tax functions.
  • She has been with Bed Bath & Beyond since 2001 and most recently served as Senior Vice President, Treasury, Tax, and Finance Transformation.
  • Ms. Crossen will continue to report to Gustavo Arnal, Executive Vice President and Chief Financial Officer.
  • Susie A. Kim, Vice President of Investor Relations, has been named Senior Vice President of Treasury and Investor Relations, taking over Ms. Crossen's previous treasury role.

Cambria Hotels Expands with Second Property in Boston Metropolitan Area

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Wednesday, June 15, 2022
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ROCKVILLE, Md., June 15, 2022 /PRNewswire/ -- Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), continues its coast-to-coast expansion with the opening of the Cambria Hotel Boston Somerville. The new 4-story, 163-room hotel underscores the brand's growth across New England, joining the Cambria Hotel Boston, Downtown-South Boston as well as the soon-to-open Cambria Hotel Portland Downtown Old Port, Cambria Hotel Manchester South Windsor and Cambria Hotel New Haven, which are expected to debut this year.

Key Points: 
  • ROCKVILLE, Md., June 15, 2022 /PRNewswire/ -- Cambria Hotels , an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), continues its coast-to-coast expansion with the opening of the Cambria Hotel Boston Somerville .
  • The new 4-story, 163-room hotel underscores the brand's growth across New England, joining the Cambria Hotel Boston, Downtown-South Boston as well as the soon-to-open Cambria Hotel Portland Downtown Old Port, Cambria Hotel Manchester South Windsor and Cambria Hotel New Haven, which are expected to debut this year.
  • Cambria Hotels is rapidly expanding in major U.S. cities, with hotels open inChicago,Los Angeles,New York,Pittsburgh, andWashington, D.C.There are over 130 Cambria properties open or in the pipeline acrossthe United States, with nearly 60 currently open.
  • A copy of the Franchise Disclosure Document can be obtained through contacting Choice Hotels International at 1 Choice Hotels Circle, Suite 400,Rockville, MD20850, [email protected] .

ABM Launches Business Ventures Program

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Tuesday, May 31, 2022
ABM Industries, Recycle Track Systems, Engineering, Investment, HVAC, U.S. Securities and Exchange Commission, Goal, Solution, RTS, Technology, Airport, Transformation, Industry, Climate, Partnership, ABM, Venture, Program, Hospital, School, Security (finance), Motor vehicle, Growth, Phrase, NYSE, CEO, Recycling, Annual report, GLOBE, Payment card, Renewable energy, Risk management

NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- Today, ABM (NYSE: ABM) announced the establishment of ABM Ventures, the Companys business venture program, and an important extension of its ELEVATE strategy to accelerate growth through investments in both client and team member experiences and industry leading use of technology and data.

Key Points: 
  • NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- Today, ABM (NYSE: ABM) announced the establishment of ABM Ventures, the Companys business venture program, and an important extension of its ELEVATE strategy to accelerate growth through investments in both client and team member experiences and industry leading use of technology and data.
  • ABM Ventures directly aligns with our ELEVATE plan for growth and expansion a strategy devoted toward unlocking significant long-term value for all stakeholders and strengthening our industry leadership position.
  • The new ABM Ventures program is established as a new operating unit of the Companys Strategy, Technology and Transformation organization, led by Chief Strategy Officer Josh Feinberg.
  • ABM Ventures provides a new platform for us to curate and bring innovative solutions to scale and deliver directly to our clients.

Ekso Bionics Appoints Jerome Wong Interim Chief Financial Officer

Retrieved on: 
Thursday, May 26, 2022
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RICHMOND, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the Company), an industry leader in exoskeleton technology for medical and industrial use, today announced the appointment of Jerome Wong as Interim Chief Financial Officer following the departure of current CFO Jack Glenn.

Key Points: 
  • RICHMOND, Calif., May 26, 2022 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the Company), an industry leader in exoskeleton technology for medical and industrial use, today announced the appointment of Jerome Wong as Interim Chief Financial Officer following the departure of current CFO Jack Glenn.
  • I am excited that Jerome has accepted the Interim CFO role after having served as our Controller for the past five years, said Scott Davis, President and Chief Operating Officer of Ekso Bionics.
  • Ekso Bionics is headquartered in the San Francisco Bay Area and is listed on the Nasdaq Capital Market under the symbol EKSO.
  • To learn more about Ekso Bionics please visit the Companys website at www.eksobionics.com or refer to the Companys Twitter page at @EksoBionics.

Allmark Door Secures Investment from LLR Partners

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Thursday, May 19, 2022
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Allmark Door , a leading commercial door and loading dock services provider, today announced that it has received an investment from LLR Partners .

Key Points: 
  • Allmark Door , a leading commercial door and loading dock services provider, today announced that it has received an investment from LLR Partners .
  • The investment will enable Allmark to expand into new markets across the eastern United States, organically and through strategic acquisitions, while further strengthening its exceptional customer service.
  • We are thrilled to partner with the LLR team, said Andrew Markham, General Manager of Allmark Door.
  • We are excited to welcome Tom to the Allmark family, said Gilbert Markham, founder of Allmark Door.

ABM Expands Footprint With Acquisition of Ireland-Based Momentum Support

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Thursday, April 7, 2022
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NEW YORK, April 07, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced it has completed the acquisition of Momentum Support (Momentum), headquartered in Dublin, Republic of Ireland, in an all cash transaction.

Key Points: 
  • NEW YORK, April 07, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services and solutions, today announced it has completed the acquisition of Momentum Support (Momentum), headquartered in Dublin, Republic of Ireland, in an all cash transaction.
  • The addition of Momentum gives ABM access to Momentums blue-chip customer base and provides the opportunity to cross sell ABM services to existing ABM clients who also have a footprint in the Republic of Ireland and Northern Ireland.
  • Scott Salmirs, ABMs President & CEO, said, I am thrilled to welcome the Momentum team to the ABM family.
  • In the transaction, ABM acquired the equity interests of three legal entities which together comprised Momentum Support.

Healthcare Technology Management Market worth $12.9 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 8, 2022
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The novel coronavirus pandemic has exerted enormous strain on the functioning of healthcare and life sciences industries.

Key Points: 
  • The novel coronavirus pandemic has exerted enormous strain on the functioning of healthcare and life sciences industries.
  • Based on the type of service, the healthcare technology management market is segmented into maintenance & repair, capital planning, integrated software platform, labor management, supply chain (procurement), cyber security, and quality & regulatory compliance.
  • The maintenance & repair segment accounted for the largest share of 36.14% of the US healthcare technology management market in 2020.
  • Based on facility types, the US healthcare technology management market is segmented into acute care, post-acute care, and non-acute care facilities.

Healthcare Technology Management Market worth $12.9 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 8, 2022
Adoption, GE Healthcare, CAGR, Dialysis, Coronavirus, 3D ultrasound, PET-CT, Hospital, CT, OEM, Government, Health, Technology, Optical disc image, COVID-19, Patient safety, ISO, Solution, MRI, Maintenance, ABM Industries, Patient, Medical device, Pharmaceutical industry, Sodexo, Endoscopy, Laser, Growth

The novel coronavirus pandemic has exerted enormous strain on the functioning of healthcare and life sciences industries.

Key Points: 
  • The novel coronavirus pandemic has exerted enormous strain on the functioning of healthcare and life sciences industries.
  • Based on the type of service, the healthcare technology management market is segmented into maintenance & repair, capital planning, integrated software platform, labor management, supply chain (procurement), cyber security, and quality & regulatory compliance.
  • The maintenance & repair segment accounted for the largest share of 36.14% of the US healthcare technology management market in 2020.
  • Based on facility types, the US healthcare technology management market is segmented into acute care, post-acute care, and non-acute care facilities.

ABM Joins International WELL Building Institute as a Member in Advancing Industry Solutions for Cleaner, Healthier Spaces

Retrieved on: 
Thursday, March 31, 2022
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The WELL Building Standard and the robust scientific research behind it represent the industry best practices to deliver health and well-being for people, said Josh Feinberg, Chief Strategy Officer, ABM.

Key Points: 
  • The WELL Building Standard and the robust scientific research behind it represent the industry best practices to deliver health and well-being for people, said Josh Feinberg, Chief Strategy Officer, ABM.
  • Through this membership, ABM will leverage IWBI resources and member benefits to help our clients advance their health and wellness commitments and new initiatives as we continue to build a healthier world.
  • ABM has a long history of caring for people and spaces in buildings around the world.
  • We are excited to welcome ABM into the IWBI membership program and work together to advance health, safety and well-being for all.