Comfort Systems USA acquires J & S Mechanical Contractors

Comfort Systems USA announced that it has acquired J & S Mechanical Contractors headquartered in West Jordan, Utah. J & S was founded in 1976 and provides mechanical construction services to commercial and industrial sectors across the Mountain West region of the United States. Initially, J & S is expected to contribute annualized revenues of approximately $145M to $160M, and earnings before interest, taxes, depreciation, and amortization of $12M to $15M. In light of the amortization expense, J & S is expected to make a neutral to slightly accretive contribution to earnings per share in 2024 and 2025.