Ameresco, Inc. announced a significant strategic move with the acquisition of ASA Controls, a well-established regional contractor in the Cincinnati area dedicated to optimizing system functionality and improving operational efficiency. This move aims to enhance Ameresco’s Smart Buildings and Controls portfolio, highlighting the company’s commitment to supporting the energy transition with innovative energy solutions, upgraded infrastructure, and the development of distributed energy resources. The acquisition aligns perfectly with Ameresco’s mission to deliver cutting-edge building automation solutions tailored to meet the evolving demands of the market.
Consolidating Expertise and Resources
Enhanced Capacity for Complex Projects
The integration of ASA Controls’ experienced team of engineers, technicians, sales personnel, and support staff will significantly boost Ameresco’s ability to manage larger, more complex projects. Since its founding in 2003, ASA Controls has built a solid reputation for high-quality services in the Cincinnati area. By incorporating ASA’s seasoned workforce, Ameresco is poised to tackle an expanded range of initiatives, ensuring improved system functionality and operational efficiency for their clients. The combined expertise and resources of both companies promise to bring larger-scale and more sophisticated solutions to the market, fulfilling the industry’s growing demand for enhanced building automation.
Ameresco’s President of Central & Western USA and Canada Regions, Lou Maltezos, expressed considerable enthusiasm about the merger. He emphasized how this acquisition would enable the company to deliver higher value to its clients through synergies created by the combined knowledge and resources. The strategic move aims to bolster Ameresco’s position as a front-runner in the smart energy solutions sector by bringing together expertise from both entities, thereby setting the stage for more ambitious projects. This merger signifies a critical step forward in Ameresco’s ability to serve a broader range of customers with more tailored and efficient energy solutions.
New Opportunities for ASA Controls
Mike Agnew, the Managing Founder of ASA Controls, highlighted the myriad of new opportunities and value that this partnership brings to their customers and team. This acquisition not only expands ASA Controls’ scope and capabilities but also integrates them into a larger platform where they can leverage Ameresco’s extensive resources. By joining forces, ASA Controls can now address a wider array of challenges, providing their clients with more comprehensive and cutting-edge solutions. The merger stands as a testament to the shared vision of both companies in delivering optimized, sustainable energy solutions to their customers.
While financial details of the acquisition were not disclosed, Ameresco indicated that it does not anticipate a significant impact on its 2025 financial results. By incorporating ASA Controls, Ameresco broadens its reach within the building automation and temperature control market, thereby reinforcing its commitment to offering exceptional, innovative, and tailored energy solutions. This expansion helps Ameresco solidify its position as a leader in the energy solutions sector, with an enhanced focus on meeting the unique needs of its diverse client base.
Ameresco’s Commitment to Smart Energy Solutions
Leading the Energy Transition
With over 1,500 employees, Ameresco remains at the forefront of efforts to reduce energy consumption and offer diversified energy generation solutions. The company serves a wide array of sectors, including federal, state, and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. By acquiring ASA Controls, Ameresco significantly strengthens its Smart Building Solutions team and expertise, furthering its mission to deliver sustainable and efficient energy solutions. This acquisition is a pivotal moment in Ameresco’s journey towards leading the energy transition, symbolizing its unwavering dedication to innovation and excellence.
The growing focus on smart buildings and controls highlights the escalating importance of energy efficiency and sustainability in today’s market. Ameresco’s comprehensive approach encompasses everything from developing distributed energy resources to upgrading infrastructures, ensuring that clients can transition smoothly to more energy-efficient operations. The integration of ASA Controls is a strategic move that not only expands Ameresco’s capabilities but also equips the company with the necessary tools and personnel to address increasingly complex energy challenges. This alignment with Ameresco’s goals showcases the company’s proactive approach to staying ahead in the rapidly evolving energy sector.
Future Considerations and Steps
Ameresco, Inc. has made a strategic move by acquiring ASA Controls, a seasoned regional contractor based in the Cincinnati area. ASA Controls specializes in optimizing system functionality and improving operational efficiency, making the acquisition a fitting addition to Ameresco’s offerings. With this new acquisition, Ameresco aims to expand its Smart Buildings and Controls portfolio. This move underscores the company’s dedication to advancing the energy transition through innovative energy solutions, enhanced infrastructure, and the growth of distributed energy resources. The acquisition is perfectly aligned with Ameresco’s mission to provide state-of-the-art building automation solutions that cater to the changing needs of the market. By integrating ASA Controls’ expertise, Ameresco is poised to deliver even more comprehensive and effective solutions, solidifying its position as a leader in the energy technology sector. This strategic acquisition marks a significant step forward in Ameresco’s mission to meet evolving market demands with cutting-edge solutions.
