About the Transaction
SmartEdge is a premier provider of facility control products, systems, and support services. The Company’s product and service offerings include Building Management Systems, Security & Card Access, Surveillance, Mass Notification, Audio-Visual systems, Performance Contracting, and HVAC systems supporting a wide array of installations from individual facility systems to fully integrated building systems. SmartEdge provides custom design, installation, and management services that result in efficient usage of energy, extension of equipment life, and overall cost savings for its customers.
The buyer, U&S Services, Inc., is an international building controls company with a focus on energy and operational optimization. With over 25 years in the industry, U&S Services has partnered with public and private sector organizations to solve complex energy issues. The acquisition of SmartEdge allows U&S Services to further expand its client list, service offerings, and skilled employee base, as they continue their aggressive growth efforts.
Paramax Corporation, which led the deal negotiations for Smart Edge, is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners, a group of international corporate finance and business advisors operating globally to support M&A transactions.