About ABM
ABM is a company based in New York (United States) founded in 1909 by Morris Rosenberg. It operates as a Managed Services, and Professional Services. The company has 117,000 employees as of October 31, 2024. ABM has completed 12 acquisitions, including Able Service, Airco Commercial Services and CTS Services. ABM offers products and services including ABM Performance Solutions, Cleaning & Maintenance, Engineering & Infrastructure Solutions, and eMobility. ABM operates in a competitive market with competitors including ODP Business Solutions, Cintas, CBRE, Kellermeyer Bergensons Services and Westfield, among others.
- Headquarter New York, United States
- Employees 117000 as on 31 Oct, 2024
- Founders Morris Rosenberg
- Stage Public
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Abm Industries Incorporated
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Annual Revenue
$8.36 B3.25as on Oct 31, 2024
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Net Profit
$81.4 M-67.61as on Oct 31, 2024
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EBITDA
$414.4 M-24.89as on Oct 31, 2024
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Latest Funding Round
- Investors
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Employee Count
117000
as on Oct 31, 2024
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Investments & Acquisitions
Able Service
& 11 more
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IPO & Listings of ABM
ABM is a publicly listed company on the NYSE with ticker symbol ABM in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ABM
ABM offers a comprehensive portfolio of products and services, including ABM Performance Solutions, Cleaning & Maintenance, Engineering & Infrastructure Solutions, and eMobility. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated facility services are provided for optimal performance.
Cleaning and maintenance services are offered for facilities.
Engineering and infrastructure solutions are delivered for efficiency.
Electric mobility solutions are provided for sustainable operations.
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Software Development Team
108 people
Leadership Team
89 people
Sales and Marketing
70 people
Operations Team
56 people
Human Resources and Administration
36 people
Senior Team
25 people
Project Team
19 people
Finance and Accounting
16 people
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Funding Insights of ABM
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(21 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Post-IPO - ABM | Valuation |
investors |
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| Jun, 2010 | Amount | Post-IPO - ABM | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ABM
ABM has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thomas H Lee Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward traditional industries.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ABM
ABM has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Able Service, Airco Commercial Services and CTS Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of water treatment and solar installation services
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2019 | ||||
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UPS maintenance and repair services are provided by Quality Uptime.
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2013 | ||||
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Provider of website development and digital marketing services
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ABM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abm Comparisons
Competitors of ABM
ABM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ODP Business Solutions, Cintas, CBRE, Kellermeyer Bergensons Services and Westfield, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based ERP solutions are offered for multiple industries.
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| domain | founded_year | HQ Location |
Corporate identity uniforms are provided via rental and sales programs.
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| domain | founded_year | HQ Location |
Property management, brokerage, and asset services are provided globally.
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| domain | founded_year | HQ Location |
Cleaning and maintenance services are provided to facilities nationwide.
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| domain | founded_year | HQ Location |
Multi-category consumer products are retailed by Westfield in Sydney.
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| domain | founded_year | HQ Location |
Facility management services including cleaning and maintenance are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abm
Frequently Asked Questions about ABM
When was ABM founded?
ABM was founded in 1909 and raised its 1st funding round 101 years after it was founded.
Where is ABM located?
ABM is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of ABM?
Scott Salmirs is the current CEO of ABM.
How many employees does ABM have?
As of Oct 31, 2024, the latest employee count at ABM is 117,000.
What is the annual revenue of ABM?
Annual revenue of ABM is $8.36B as on Oct 31, 2024.
What does ABM do?
ABM is recognized for delivering integrated facility management and infrastructure solutions across diverse industries including aerospace, healthcare, and retail. Services are tailored to optimize operations, enhance sustainability, and improve energy efficiency. Customized packages are offered to meet client needs, covering cleaning, maintenance, engineering, and electrification. ABM Connect, a data intelligence platform, is utilized to drive performance. Support is extended to over half of the Fortune 500 in the U.S. and multiple international locations. Environmental impact reduction and CSR goal achievement are prioritized for clients.
Who are the top competitors of ABM?
ABM's top competitors include ODP Business Solutions, Cintas and Mezo.
What products or services does ABM offer?
ABM offers ABM Performance Solutions, Cleaning & Maintenance, Engineering & Infrastructure Solutions, and eMobility.
Is ABM publicly traded?
Yes, ABM is publicly traded on NYSE under the ticker symbol ABM.
How many acquisitions has ABM made?
ABM has made 12 acquisitions, including Able Service, Airco Commercial Services, and CTS Services.
Who are ABM's investors?
ABM has 1 investor. Key investors include Thomas H Lee Partners.
What is ABM's ticker symbol?
The ticker symbol of ABM is ABM on NYSE.
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