---
schema_version: "secwatch.filing_event.v1"
accession: "0000771497-21-000030"
form_type: "8-K/A"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2021-11-22T23:59:59+00:00"
generated_at: "2026-06-28T06:21:22.470916+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ABM files financials for $830M Able acquisition; acquired firm's 2020 revenue $1.09B, net income $48M

## Summary
- ABM acquired Able Services for $830M cash, closed Sept 30, 2021.
- Acquired co.'s 2020 sales $1.09B, net income $48.0M; 2019 sales $1.13B, net income $31.0M.
- Total assets $302M at Dec 31, 2020; cash $128M, workers' comp liability $75.2M.
- Loan from shareholder $10.7M at 10% interest, matures March 2022.
- Financials restated for change in goodwill accounting principle; COVID-19 pandemic noted as uncertainty.

## SEC filing metadata
- accession: 0000771497-21-000030
- form_type: 8-K/A
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2021-11-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000077149721000030/0000771497-21-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000077149721000030/abm-20210930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000771497-21-000030
- JSON: https://secwatch.observer/filing/0000771497-21-000030.json
- Plain text: https://secwatch.observer/filing/0000771497-21-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.