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Huron Capital's Albireo Energy Acquires New York Building Automation Firm

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Albireo Energy, backed by Huron Capital, has acquired Pasco Building Automation Services, expanding its footprint in the building automation sector. The deal brings together two energy services providers, with Albireo operating as a portfolio company under Huron's investment platform.

Pasco, based in Liverpool, New York, delivers automation solutions to commercial, education, and healthcare facilities. The company's 25-year president, Jeff Munn, will retain leadership following the acquisition, ensuring continuity for existing clients and operations.

The acquisition strengthens Albireo's building controls capabilities in key market segments. By combining resources, the merged entity can offer expanded services to institutional clients seeking energy efficiency and automation upgrades. Both companies focus on retrofitting and optimizing building performance.

With Munn's continued involvement, the integration appears designed to maintain client relationships while leveraging Huron Capital's growth strategy. The move reflects ongoing consolidation in building automation as providers seek scale to compete for larger contracts across multiple facility types.