Private equity firm Huron Capital announced that its building automation and energy services platform, Albireo Energy, has acquired Quality Building Controls (QBC), a provider of building automation systems and related repair and maintenance services.
Tampa, Florida-based QBC was founded in 1997 and primarily serves customers in the education, healthcare, industrial, and commercial industries throughout Central Florida. QBC is a Johnson Controls systems dealer and has a workforce of experienced technicians.
“Albireo Energy’s capabilities, expertise and values make it a logical fit for the next chapter of the QBC family and the customers we serve,” said Jerry Dohse, QBC’s president.
The acquisition of QBC will increase Albireo’s presence in the Southeast and extend the company’s customer base in Florida.
Phil Rogers, CEO of Albireo Energy said: “As one unified front, we believe Albireo will continue to grow and gain market share across the region.”
Huron Capital created Albireo in 2014 with the main objective of building a specialist in the U.S. market for energy efficiency, building automation, and energy management. To date, Albireo has invested in 17 companies through 11 separate acquisitions.
“We believe QBC and the talented team led by Dohse will help to continue to fuel Albiero’s growth across the Southeast region,” said Brian Rassel, VP of private equity at Huron Capital, said:
Albireo Energy provides building automation and integration solutions and energy services to commercial and institutional buildings nationally. The company’s solutions and services help building owners and managers improve efficiency and reduce operational costs. Through its operating divisions, Albireo Energy mainly focuses on providing solutions to mission critical facilities such as data centers, labs, military installations, and hospitals.
Quality Building Controls’ solutions provide control for the entire range of applications from common comfort cooling to maintaining critical environments in sectors including; pharmaceutical processing, office, retail, industrial, healthcare and education.