News | Dec 18, 2018 | Arora
Arora Engineers to Acquire Electronic Data, Inc.
Arora Engineers, Inc. (Arora) is proud to announce that it has entered into an agreement in connection with the acquisition of Electronic Data, Inc. (EDI), a business process consulting and technology firm that specializes in maintenance, asset, and facility life cycles, as well as integrated workplace management systems, located in St. Petersburg, FL.
EDI focuses on maintenance best practices, facility management, enterprise asset management, integrated workplace management systems, and bundled enterprise asset/real time asset health monitoring solutions. EDI has developed industry-specific solutions that significantly reduce systems implementation time and costs, which provide their clients with cost effective and timely value proposition return on investment. Additionally, EDI is the only North American company to implement the new IBM Maximo for Aviation Maintenance Management System for a large airline company.
“The acquisition of EDI is the next chapter in ‘Improving the Quality of Life by Rethinking Infrastructure.’ Arora’s portfolio of planning and design, program and construction management, facilities management, information technology, and now asset management will allow us to participate in the entire life cycle of an asset, from creation to retirement,” says Manik K. Arora, PE, Arora’s President and CEO. “The Arora-EDI affiliation is an important progression in Arora’s effort to bolster our information technology, facilities management, and geospatial services.”
Joseph Mahaz, EDI’s President and CEO, explains, “Together, Arora and EDI will provide our clients with real actionable information and offer the highest quality services and solutions to significantly improve the life cycle management in facility and asset operations.”
The acquisition, which is expected to be completed in the second quarter of 2019, is subject to customary closing conditions.