EMCOR Group to Acquire RepconStrickland

EMCOR Group of Norwalk, Conn., has entered into an agreement to acquire RepconStrickland, which offers turnaround and specialty services to the North American refinery and petrochemical markets. EMCOR, a mechanical and electrical construction services company, is buying RepconStrickland for $455 million in cash; the money will largely go to RepconStrickland's majority shareholder, which is an affiliate of ArcLight Capital Partners, the energy-focused private equity fund.

DealsNorth AmericaUSBriefs