EDISON, N.J.--(BUSINESS WIRE)--Jun 30, 2026--
Albireo Energy, a leading independent building controls and energy services provider and a Huron Capital portfolio company, announced today that it has acquired PASCO Building Automation Systems (PASCO).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260630541295/en/
Headquartered in Liverpool, New York, PASCO serves customers across Syracuse, Rochester, Albany, Buffalo, and surrounding areas. The company brings deep expertise in serving commercial, education, and healthcare facilities, along with a long-standing reputation for quality and customer commitment dating back to 1972.
“PASCO represents a strong strategic fit for Albireo Energy,” said Kevin Baxter, CEO of Albireo Energy. “We’ve been impressed with the experienced team, established customer relationships, and deep roots in the upstate New York market. These attributes align closely with our capabilities and long-term growth strategy.”
The acquisition enhances Albireo Energy’s Northeast footprint and expands its ability to serve a region characterized by a significant installed base of aging buildings in need of modernization. The market also benefits from ongoing investment in advanced manufacturing, emerging data center activity, and a stable base of institutional and commercial facility demand.
By combining PASCO’s regional expertise with Albireo Energy’s national scale, customers will benefit from enhanced capabilities, including access to Albireo Energy’s Managed Services Center, its technical center of excellence, the company’s portfolio of Intelligent Services including alarm management, private cloud hosting, fault detection and diagnostics, as well as the ability to execute more complex projects in data centers, healthcare, biopharmaceuticals, and other markets.
Jeff Munn, who has served as PASCO’s President for the past 25 years and brings over 40 years of experience and affiliation with Alerton and Distech Controls, will continue to lead PASCO.
“We’re excited to build on PASCO’s strengths and legacy of serving customers in the region while accelerating growth,” said Munn. “Albireo Energy shares our commitment to customer focus, operational excellence, and investing in our people. Together, we are well positioned to deliver greater value to customers and expand our footprint across the region.”
About Albireo Energy
About PASCO Building Automation Systems
Albireo Energy, a leading independent building controls and energy services provider and a Huron Capital portfolio company, announced today that it has acquired PASCO Building Automation Systems (PASCO)
Another World Cup, another early exit.
Germany should be getting used to disappointment, but it doesn’t make it any less painful for a traditional soccer heavyweight that had been tentatively hoping for a fifth World Cup title to restore lost pride.
Germany did manage to survive the group stage for the first time since winning the trophy in 2014, but it’s little consolation after Monday’s loss to unheralded Paraguay on penalties sent the team home after the first knockout game.
“We messed it up,” Joshua Kimmich told reporters after the match in Foxborough, Massachusetts.
It was a familiar feeling for the Germany captain who also struggled for explanations after the team’s group-stage exit at the 2022 World Cup in Qatar.
“As a child, when you watched the national team during tournaments, it was always semifinals, finals, or world champions. There was always lots of success. You grew up with that, cheering them on,” the 31-year-old Kimmich said Monday, when he apologized for the team failing to meet expectations.
“All of us who were on the pitch should feel that, rather than looking to blame someone else. We blew it,” Kimmich said in comments reported by dpa.
Germany coach Julian Nagelsmann is in the firing line after some contentious calls — particularly after recalling veteran goalkeeper Manuel Neuer from international retirement just before the tournament after months of denials.
The 40-year-old Neuer failed to justify his inclusion at the expense of Hoffenheim’s Oliver Baumann, and was arguably at fault for Ecuador’s winning goal in the last group game.
“I gave it my all,” Neuer said.
Nagelsmann finally bowed to pressure and gave forward Deniz Undav his first start against Paraguay, but the move didn’t pay off as the Kurdish Yazidi player was unable to add to his three goals and two assists from his first two games as a substitute.
Nagelsmann was also criticized for not playing forward Nick Woltemade at all until he sent him on with extra time looming against Paraguay. Woltemade was among three players who missed in the penalty shootout.
Nagelsmann had raised expectations by saying Germany was aiming to win the title. Ultimately, his team failed to show any justification for such hopes.
Germany played four games at the World Cup, winning two with victories over debutant Curaçao and Ivory Coast, before the losses to Ecuador and Paraguay.
While Paraguay’s win was joyously celebrated on the streets of its capital, Asunción, it was considered a major shock — few German fans knew any of the Paraguayan players before the match, and they were already looking forward to a likely Round of 16 meeting with France, which plays Sweden on Tuesday.
“You have to beat such a team,” Neuer said of Paraguay. “That’s a fact when you want to measure yourself against teams like France.”
Nagelsmann has vowed to stay on as coach, though he was also criticized for his prickly responses to questions after the game.
“I’m still convinced that he’s probably the right one to continue,” Germany team director Rudi Völler said. “It’s not only up to me.”
German Chancellor Friedrich Merz illustrated the disconnect between the German team’s hopes and reality better than most when he wrote on social media, “What a match, @DFB_Team! You thrilled our country with your commitment and team spirit at this World Cup. We’re proud of you.”
Merz was quickly mocked for his post on X, where many users asked which match he was referring to. The words “which match” began trending.
“I honestly don’t know which was worse. The match or this analysis,” FDP politician Marie-Agnes Strack-Zimmermann wrote.
See more of AP’s World Cup coverage here
Paraguay's Fabian Balbuena (5) looks on as German players react during a penalty shootout at the end of during the World Cup round of 32 soccer match between Germany and Paraguay in Foxborough, Mass., near Boston, Monday, June 29, 2026. (AP Photo/Petr David Josek)
Germany's Jamal Musiala (10) and Malick Thiaw (24) walk off the field after losing to Paraguay in a shootout during the World Cup round of 32 soccer match in Foxborough, Mass., near Boston, Monday, June 29, 2026. (AP Photo/Steven Senne)
Germany's Nick Woltemade (11) walks off the field after losing to Paraguay in a shootout during the World Cup round of 32 soccer match in Foxborough, Mass., near Boston, Monday, June 29, 2026. (AP Photo/Steven Senne)
Germany head coach Julian Nagelsmann claps hands to supporters after losing the World Cup round of 32 soccer match between Germany and Paraguay in Foxborough, Mass., near Boston, Monday, June 29, 2026. (AP Photo/Martin Meissner)
A Germany fan reacts at the end of the World Cup round of 32 soccer match between Germany and Paraguay in Foxborough, Mass., near Boston, Monday, June 29, 2026. (AP Photo/Charles Krupa)
