ConnectM acquires Blue Ribbon Ice for stock and cash; adds HVAC dispatch platform

ConnectM Technology Solutions, Inc.

Consideration: 58,824 shares of ConnectM common stock and $250,000 cash for 60% of Blue Ribbon Ice.
Blue Ribbon Ice is a software platform matching commercial HVAC/refrigeration demand with 200+ contractors across 42 states.
Acquisition joins ConnectM's AI-Powered Logistics platform alongside existing DeliveryCircle business.
Expected to be EBITDA-accretive and generate new data stream for shared AI engine.
Cross-sell potential with multi-site restaurant, retail, and hospitality customer base.

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