IES Holdings (IESC) Divests STR Mechanical
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
IES Holdings Divests STR Mechanical
October 10, 2022 8:45 AM EDTHOUSTON, Oct. 10, 2022 (GLOBE NEWSWIRE) -- IES Holdings, Inc. (IES) (NASDAQ: IESC) announced today that it has sold STR Mechanical, LLC and its subsidiary Technical Services II, LLC (collectively, STR) to an affiliate of SkyKnight Capital L.P. (SkyKnight). STR, originally acquired by IES in 2016, is a Charlotte, North Carolina-based provider of heating, ventilation and air conditioning (HVAC) maintenance, repair, and replacement services to commercial customers and had operated as part of IESs Commercial & Industrial segment.
Jeff Gendell, Chairman and Chief Executive Officer of IES, said, The decision to divest STR is... More
