Chesapeake company acquired by Pennsylvania firm
Hazleton, Pa.-based DBi Services announced Thursday it has acquired TME Enterprises Inc., a Chesapeake-based provider of transportation and facilities management services. Financial terms of the deal were not disclosed.
TME Enterprises Inc., now operating under the name DBi Services, operates the largest private snow removal fleet in Virginia. It has a fleet of more than 260 trucks and 560 pieces of equipment. TME Enterprises was established in 1992 and grew to employ more than 300 people.
“Both DBi and TME share similar entrepreneurial roots, customer focus and family-oriented cultures, and the acquisition will allow DBi to offer all employees additional career development opportunities and job stability,” DBi Services said in a statement.
DBi Services provides infrastructure maintenance, management and operations services to customers in the public and private sectors, including railways, utilities and private industries. The company has 60 locations and 2,100 employees in the U.S., Canada and the U.K.