ABM announced plans to acquire WGNSTAR, a leading provider of managed workforce solutions and equipment support services for the semiconductor and high-technology industries.
“WGNSTAR’s expertise in semiconductor operations and equipment services will align seamlessly with ABM’s strengths in engineering, energy resiliency, and mission-critical solutions. As demand escalates for domestic semiconductor production, we anticipate this transaction will uniquely position ABM to meet our clients’ evolving needs, from cleanroom and critical facility management to specialized technical services supporting chip fabrication and equipment operations. We’re excited to welcome the talented WGNSTAR team to ABM and, together, provide integrated solutions in a dynamic and rapidly growing market,” says Scott Salmirs, president and CEO of ABM.
“I am incredibly proud of the business our team has built over the past 22 years since its founding in Ireland. Joining forces with ABM will enable us to better serve our clients in this exciting technology market with integrated and innovative solutions. Both companies share a commitment to innovation, excellence, and partnership, positioning us to meet the needs of our customers as the semiconductor industry continues to expand,” adds Nigel Wenden, CEO of WGNSTAR.
Key takeaways:
· WGNSTAR delivers technical and operational solutions through a workforce of more than 1,300 employees and long-standing client partnerships.
· WGNSTAR generates over half of its revenue from integrated workforce programs, delivering highly trained technical teams to ensure operational efficiency in chip fabrication facilities. WGNSTAR also collaborates with leading OEMs to offer equipment support services that encompass installation, maintenance, and production tool management, further enhancing productivity within fabrication environments.
· Following the acquisition, ABM’s semiconductor solutions portfolio will be approximately $325 million in revenue on an annualized basis, establishing the company among the largest integrated service providers in North America. This strategic positioning allows ABM to pursue growth driven by U.S. semiconductor onshoring initiatives, supported by CHIPS Act incentives and record levels of private investment.
