KENNESAW, Ga., Oct. 3, 2007 – PRNewswire — Automated Logic Corp. (ALC) has acquired the business of Building Technologies Group, Inc. (BTG), an independent controls contractor serving the greater New York City and New Jersey marketplace. Terms of the deal were not disclosed.
BTG designs, installs, and services building control systems for commercial, industrial and institutional facilities in the greater New York City metropolitan area and northern New Jersey. BTG was established in 1999 to provide building owners with world class control, safety, and energy monitoring solutions. BTG’s management team and its employees will continue in their respective roles, including Frank Del Vecchio, president; Kevin Kerr, executive vice president; Brian Hallowell, vice president of service, and James Dagostino, vice president of operations.
“New York City is the largest and most dynamic controls market in the country,” said Gerry Hull, president of ALC. “With the combination of Building Technologies Group and our existing Marietta Controls branch, we now have factory-direct resources and expertise on the ground to respond to the needs of this important market.”
“This is an exciting step forward for the entire BTG team,” said Del Vecchio. “The combination of ALC’s financial backing and its industry-leading technology is an unprecedented opportunity for our customers and employees.”
Kerr added, “We’re looking forward to introducing our customers to the ‘new BTG’ and the broader range of solutions and services we can now offer as part of the Automated Logic family.”
ALC designs and manufactures innovative control systems primarily for heating, ventilating, air conditioning, lighting and energy management of buildings. Its systems are installed in commercial, educational, industrial, data center, healthcare, government, hospitality, entertainment and retail locations worldwide. ALC is a subsidiary of Carrier Corp. Visit www.automatedlogic.com for more information.
ABOUT CARRIER CORP.
Carrier Corp., headquartered in Farmington, Conn., is the world’s largest provider of heating, air-conditioning and refrigeration solutions. With 2006 revenues of $13.5 billion, Carrier has approximately 41,000 employees worldwide and operations in more than 170 countries. Carrier is part of United Technologies Corp. (NYSE: UTX – News), a Hartford, Connecticut-based provider of products and services to the aerospace and building systems industries worldwide. Visit www.carrier.com for more information.
Principals of Fairmount Partners acted as advisors to Building Technologies Group in this transaction.
Fairmount Partners is a registered Broker Dealer, member FINRA (www.finra.org) and SIPC (www.sipc.org).
Contact: Andrew T. Greenberg