Quick Take
Comfort Systems USA (FIX) announced it has agreed to acquire Walker TX for $203 million in consideration plus potential earnouts.
Walker TX operates as a commercial electrical and industrial contractor in Texas.
With the deal, FIX gains a complementary trade with expertise in larger projects amid a promising infrastructure spending environment.
Target Company
Irving, Texas-based Walker TX was founded in 1981 to provide ‘commercial electrical, network, end-user, industrial and related services in Texas’.
Management is headed by CEO Scott Walker, who has been with the firm since 2004.
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