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CBRE Group, Inc.
today announced that it has acquired
Environmental Systems, Inc. (ESI), a leading systems integrator and provider
of energy management services in the United States.
ESI develops innovative solutions that enable commercial property occupiers
and owners to efficiently manage their building systems and remotely monitor
and analyze energy usage in real time to identify and achieve potential
savings. ESI is providing analytics-driven managed services on over 180
million sq. ft. of facilities at over 2,800 sites throughout the U.S.
"ESI complements our existing suite of facilities-related outsourcing
services. Our clients increasingly look to us to leverage new and existing
controls -- and the data that can be extracted from systems -- and remote
monitoring to drive greater energy efficiency," said Bill Concannon, chief
executive officer, Global Corporate Services, CBRE. "This is a core strategy
and growing capability for CBRE. ESI's professionals will enhance our
expertise and service offering in energy & sustainability management."
Founded in 1986, ESI, based in Brookfield, Wisconsin, offers a wide range of
technology, solutions and services in the areas of systems integration,
building automation, energy management, advanced analytics, security
systems, and support services. The company serves a wide range of facility
types including office, retail, industrial, critical environments, health
care and education.
The acquisition of ESI follows CBRE's announcement of a definitive agreement
to acquire the Global WorkPlace Solutions (GWS) business of Johnson
Controls, Inc., expected to close in the late third quarter or early fourth
quarter of 2015. GWS is a market-leading provider of integrated facilities
management solutions for major occupiers of commercial real estate. Both
transactions underscore CBRE's commitment to provide global,
industry-leading facilities management solutions -- including energy &
sustainability products and services -- for its clients.
"We value long-term relationships with our customers and work closely with
them to reduce costs, improve efficiency and maximize their facility
investment," said Paul Oswald, president, ESI. "Joining CBRE's high-quality,
integrated Energy & Sustainability service offering will further our goal of
providing superior solutions that meet the ever-evolving needs of our
clients."
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