ARM Group acquires two companies in Cambria County
Hoping to expand its electrical maintenance capabilities, engineering consulting firm ARM Group Inc. has snapped up two companies in Cambria County for an undisclosed sum.
The Derry Township-based firm said Monday it has purchased Complete Advanced Maintenance Co. (CAMCO) and Affordable Equipment Co. (AEC), both based in Ebensburg.
The deals closed on Jan. 1 and add 50 employees to ARM Group, bringing its staff up to 205.
CAMCO brings 46 employees, while AEC has four. All employees have been retained.
ARM Group said the two companies will bolster its subsidiary business, called ARM EnerTech Associates LLC. Based in Johnstown, ARM EnerTech provides electrical, mechanical and automation engineering.
CAMCO focuses on testing and maintenance of electrical power systems, including circuit breakers and transformers, for a range of utility, industrial, commercial, transportation and institutional clients.
AEC, meanwhile, primarily buys and sells used and hard-to-find electrical equipment, including specialty parts and breakers. Its core customers are power plants, transmission and distribution utilities, mining operations and remanufacturers.
ARM Group said the two additions will give ARM EnerTech the ability to offer in-house electrical testing, repair services and electrical field services. Officials also believe the moves will help ARM Group reach a broader range of customers with its other services.
The company specializes in waste management, geotechnical, electrical and mechanical engineering, along with automation and control systems, geophysics and other energy services, including shale resource development.
ARM Group finished 2018 with $25.2 million in total revenue, according to Business Journal records. That was up from about $21.9 million in 2017.