---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-092386"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2022-08-18T23:59:59+00:00"
generated_at: "2026-06-23T22:56:36.947348+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 RavenVolt for up to $450M; microgrid solutions expand Technical Solutions

## Summary
- Initial purchase price $170M cash at close; earn-out up to $280M based on 2023-2025 EBITDA targets.
- RavenVolt 2022 projected revenue $70-80M and EBITDA $17-19M.
- Acquisition complements ABM's eMobility, power, and bundled energy services under ELEVATE strategy.
- Closing expected in Q4 fiscal 2022, subject to HSR waiting period.

## SEC filing metadata
- accession: 0001104659-22-092386
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2022-08-18T23:59:59+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/771497/000110465922092386/0001104659-22-092386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000110465922092386/tm2223741d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-092386
- JSON: https://secwatch.observer/filing/0001104659-22-092386.json
- Plain text: https://secwatch.observer/filing/0001104659-22-092386.txt

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