Tuesday, April 14, 2015
CBRE Buys Environmental Systems Inc.
Los Angeles-based commercial real estate services and investor CBRE said this morning that it has acquired Environmental Systems, Inc. (ESI), a system integrator and provider of energy management services. Financial details of the acquisition were not disclosed. CBRE said that ESI provides managed services to help commercial property owners to remotely monitor and analyze energy usage in their buildings. ESI apparently manages over 180 million square feet of facilities at over 2,800 sites throughout the US. ESI was based in Brookfield, Wisconsin.