Strategic Exit Advisors supports successful sale of Environmental Alliance to Montrose Environmental Group, Inc. (NYSE: MEG)
March 20, 2023 Strategic Exit Advisors (SEA) is proud to announce the successful sale of Environmental Alliance, a leading environmental engineering and consulting firm in the Mid-Atlantic, to Montrose Environmental Group, Inc. (NYSE: MEG), a national leader in environmental services with over 2,500 employees across 75 locations around the world.
Environmental Alliance established its position as a leader in environmental remediation and assessment primarily in the Mid-Atlanta area, particularly in the State of Delaware. The company has a premier track record as an environmental engineering and consulting firm, providing high-quality, responsive, and cost-effective environmental services to public and private sector clients in a six state region.
Bill Smith, Environmental Alliance’s owner and President, remarked, “I am thrilled for the future of our company and our people as part of Montrose. SEA was a trusted advisor in helping me sell my business, which I founded in 1991 and built with my good friend and partner, Paul Miller, along with my outstanding team.”
As a member company of Montrose, Environmental Alliance is operating with all its employees and with Montrose, is able to expand and provide additional services previously not offered to their clients. The sale to Montrose also presents growth experiences for all of Alliance’s associates and creates an exciting time for them to expand their professional expertise.
Tony Parisi and Bob Cahill, Managing Directors, and Peter Hissey, Associate, at SEA, led the sale process for Environmental Alliance. Tony reflected, “We are enormously grateful to have served Bill and his excellent team. Bill built Environmental Alliance to be consummately reliable and yet dynamic in its growth. We were fortunate to work with a client who had great foresight for his company and employees. Montrose Environmental Group was an excellent partner.”
Montrose Environmental Group: Montrose is a leading environmental services company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what’s coming tomorrow. With more than 2,500 employees across over 75 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering and operations, enabling the company to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit montrose-env.com.
SEA
Strategic Exit Advisors (SEA) is an investment bank that helps people close the biggest deals of their lives. The firm specializes in helping entrepreneurs sell their businesses. SEA enables its clients to achieve their financial and other personal goals by creating a competitive process with strategic buyers.
