UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: March 12, 2003
Commission File No. 001-13783
INTEGRATED ELECTRICAL SERVICES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 76-0542208
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation or organization)
1800 West Loop South
Suite 500
Houston, Texas 77027
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (713) 860-1500
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On February 27, 2003, Integrated Electrical Services, Inc. (the
"Company") consummated the acquisition of the assets of Encompass Electrical
Technologies - Rocky Mountains, Inc., formerly known as Riviera Electric
("Riviera"). Riviera performs electrical contracting services primarily in
Denver, Colorado, and has locations throughout the state. The consideration paid
by the Company for Riviera was approximately $3.85 million in cash plus the
assumption of certain liabilities. The Company intends to continue using the
assets of Riviera in the electrical contracting business.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(A) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED
The Company believes that it is impractical to provide financial
statements of the Businesses Acquired on the date of this filing, and will, if
required, file such financial statements when available but not later than 60
days after the date on which this Current Report on Form 8-K must be filed.
(B) PRO FORMA FINANCIAL INFORMATION
The Company believes that it is impractical to provide pro forma
financial information reflecting the Businesses Acquired, and will, if required,
file such financial information when available but not later than 60 days after
the date on which this Current Report on Form 8-K must be filed.
(C) EXHIBITS
2.1 Agreement and Plan of Merger dated as of February 26, 2003 among
IES ENC, Inc., Encompass Electrical Technologies, - Rocky
Mountains, Inc. and Encompass Services Corporation.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTEGRATED ELECTRICAL SERVICES, INC.
Date: March 12, 2003 By: /s/ William W. Reynolds
-----------------------------------
William W. Reynolds
Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
2.1 Agreement and Plan of Merger dated as of February 26, 2003 among IES ENC,
Inc., Encompass Electrical Technologies - Rocky Mountains, Inc. and
Encompass Services Corporation.