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After Brookfield took over the company in 2015, BGIS expanded rapidly. [12] In 2016, when BGIS acquired the US-based data centre facility management service—McKinstry FMS—which had over "350 engineers, technicians, planners, and program managers", BGIS became one of the largest facility management companies serving data centres in North ...
Facility management encompasses interdisciplinary business functions to balance the demand and supply of facilities and services. The term “facility” includes all tangible assets supporting an organization, such as real estate, buildings, infrastructure, HVAC systems, IT services, and more.
In October 2021, ABM Industries finalized the acquisition of Able Services, which was headquartered in San Francisco. At the time of the acquisition, Able Services was the largest family owned facility services company in the United States. [28]
In 2011, the company acquired the real estate investment business of ING Group for $940 million. [28] In 2011, the company changed its name to CBRE Group Inc. [29] In 2013, the company acquired Norland Managed Services, a facilities, energy and project management provider in the United Kingdom and Ireland. [30]
On 11 January 1995, Sodexo S.A. acquired food company Gardner Merchant Ltd. from Cinven and CVC Capital Partners. [14] In 1998, Sodexho merged with Marriott Management Services, at the time one of the largest food services companies in North America. Included in the merger was a name change to Sodexho Marriott Services.
Brookfield Corporation is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$900 billion of assets under management in 2023. It focuses on direct control investments in real estate, renewable power , infrastructure, credit and private equity. [ 4 ]
In 2016, the company acquired UK, Ireland, and European activities of UK-based GS Hall, a technical services company focused on mechanical and electrical engineering, energy management, and compliance. [15] That same year, it acquired Chile's fourth largest catering company, Apunto, with an annual revenue of DKK 116 million in 2015. [16]
On February 25, 2019 The Wall Street Journal reported the company's acquisition of Preferred Freezer Services LLC., its largest competitor, in a deal reportedly worth over $1 billion, expanding Lineage to the world's largest facility network, with 1.3 billion cubic feet of storage in over 200 facilities across the United States, Europe, and Asia.
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