Climatec Expands Operations in Texas with Acquisition of OpenTech

PHOENIX – February 17, 2014 – Climatec Building Technologies Group (“Climatec”), a leading provider of complete building automation and energy management services, is pleased to announce its continued expansion in Texas with the acquisition of Open Environmental Technologies (OpenTech). OpenTech is an independent building automation and controls contractor with offices in Houston, San Antonio and McAllen, Texas. Terms of the deal were not disclosed.

Founded in 1998, OpenTech has developed an excellent reputation for customer satisfaction, innovation and building technology leadership. OpenTech designs, installs and services building automation and security systems for schools, colleges and universities, government and commercial offices, data centers, and healthcare facilities throughout the greater Houston and San Antonio metropolitan areas as well as customers across east and south Texas, including the Rio Grande Valley. Its founders, David Clark and Rick Grimes will continue to serve as Vice President/General Manager and Vice President Operations, respectively, within the newly acquired Climatec business unit.

“OpenTech is a great addition to our team,” said Terry Keenen, president, Climatec. “We have worked with OpenTech for years and share their passion for this industry. And as they join our existing Dallas and Austin based operations, we’re excited about the opportunity to deliver even greater value and service across all our Texas customers and building partners.”

“This is an exciting next step in the strategic growth of our business,” said Clark. “With the financial and operational backing of Climatec, we look forward to expanded offerings for our customers and new opportunities for our employees as we merge with the Climatec organization.”

“The building automation, security and energy management industry is changing rapidly,” said Grimes. “The combination of OpenTech and Climatec means that our customers will benefit from a wider range of technology solutions and expanded resources as we grow together in Texas.”