Industrial distribution giant W.W. Grainger made a move this week into the energy services market, closing a deal to buy Alliance Energy Solutions, an energy services company (ESCO) based in Oxford, Conn. Terms of the all-cash deal were not disclosed.
Alliance Energy Solutions (AES), which was founded in 2001 and posted annual sales of $20 million in 2008, handles broad-range energy-efficiency retrofits, but its primary focus is on energy-efficient lighting. That emphasis on lighting
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