Brookfield-based Environmental Systems, Inc. acquired by L.A . investment firm

Freeman Staff

April 14, 2015

LOS ANGELES - Environmental Systems, Inc. has been acquired by Los Angeles-based commercial real estate services and investment firm CBRE Group, Inc.

Headquartered in Brookfield, ESI is 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. The company provides analytics-driven managed services to more than 180 million square feet of facilities at more than 2,800 sites throughout the U.S.

CBRE recently announced the definitive agreement to acquire the Global WorkPlace Solutions business of Johnson Controls, Inc., which is expected to close in the late third quarter or early fourth quarter of 2015. GWS is a market-leading provider of integrated facilities management solutions for major occupiers of commercial real estate.

“ESI complements our existing suite of facilities-related outsourcing services. Our clients increasingly look to us to leverage new and existing controls - and the data that can be extracted from systems - and remote monitoring to drive greater energy efficiency,” said Bill Concannon, chief executive officer of Global Corporate Services at CBRE, in a statement. “This is a core strategy and growing capability for CBRE. ESI’s professionals will enhance our expertise and service offering in energy & sustainability management.”

www.cbre.com