CBRE Group Buys Environmental Systems - Quick Facts

(RTTNews) - CBRE Group Inc. (CBG) announced that it has acquired Environmental Systems, Inc. or ESI, a systems integrator and provider of energy management services in the United States.

ESI develops solutions that enable commercial property occupiers and owners to efficiently manage their building systems and remotely monitor and analyze energy usage in real time to identify and achieve potential savings. ESI is providing analytics-driven managed services on over 180 million sq. ft. of facilities at over 2,800 sites throughout the U.S.

Founded in 1986, ESI, based in Brookfield, Wisconsin, offers a wide range of technology, solutions and services in the areas of systems integration, building automation, energy management, advanced analytics, security systems, and support services. The company serves a wide range of facility types including office, retail, industrial, critical environments, health care and education.

The acquisition of ESI follows CBRE's announcement of a definitive agreement to acquire the Global WorkPlace Solutions or GWS business of Johnson Controls Inc., expected to close in the late third quarter or early fourth quarter of 2015.