ABM to acquire OneSource Services 

San Francisco-based ABM Industries Inc. (ABM) has signed an agreement to acquire OneSource Services Inc. for $365 million in cash.

OneSource provides outsourced facilities services including janitorial, landscaping, general repair and maintenance.

ABM expects annual run-rate cost synergies from the merger of between $45 to $50 million within 12 months after closing.

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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