---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-109342"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2021-08-25T23:59:59+00:00"
generated_at: "2026-06-29T08:00:06.106571+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ABM acquires Able Services for $830M; adds $1.1B revenue, $65M EBITDA, $30-40M cost synergies

## Summary
- Purchase price $830M cash; expected to close by end of September 2021, subject to HSR approval.
- Able generates $1.1B revenue and $65M adjusted EBITDA; engineering services ~60% of revenue, janitorial ~40%.
- ABM expects $30-40M in cost synergies, majority realized in first year post-close.
- Transaction expected to be accretive to adjusted EPS immediately after closing.
- Able's 80% unionized workforce serves over 1 billion sq ft; adds to ABM's national presence.

## SEC filing metadata
- accession: 0001104659-21-109342
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2021-08-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000110465921109342/0001104659-21-109342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000110465921109342/tm2125912d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-109342
- JSON: https://secwatch.observer/filing/0001104659-21-109342.json
- Plain text: https://secwatch.observer/filing/0001104659-21-109342.txt

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