The original owners of Colonial Mechanical Corp. of Richmond, Va., and Webb Technologies of Norfolk, Va., bought those companies back from Akron, Ohio-based FirstEnergy Corp.; the deal closed on Jan. 16 but terms were not disclosed.
Colonial Mechanical and Webb Technologies were part of FirstEnergy's Facilities Services Group subsidiary, which ranked No. 11 in the 2002 Pipe Trades Giants list of the nation's largest pipe trades contractors, compiled by Plumbing & Mechanical (PM) magazine. Colonial was purchased in 1998, and Webb in 1999.