Montrose Environmental Group, Inc. acquired Environmental Planning Specialists, Inc. for $11.5 million.
January 02, 2019
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Montrose Environmental Group, Inc. acquired Environmental Planning Specialists, Inc. on November 30, 2018. Post completion of the acquisition, EPS will become a part of Montrose’s Environmental Planning and Permitting Division and will further deepen our regulatory compliance, air quality, remediation, and ecosystem expertise and consulting services.
Montrose Environmental Group, Inc. completed the acquisition of Environmental Planning Specialists, Inc. for $11.5 million on November 30, 2018. Under the terms of agreement, Montrose Environmental paid cash consideration of $10 million and issued common stock of $1.6 million including other purchase price components of - $0.071 million.
Montrose Environmental Group, Inc. is an environmental solutions company focused on supporting commercial and government organizations. Its Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits and permits for operations, facility upgrades, new projects, decommissioning projects and development projects. Its Measurement and Analysis segment includes source and ambient air testing and monitoring, leak detection and repair and advanced analytical laboratory services, such as air, storm water, wastewater and drinking water analysis. Its Remediation and Reuse segment provides clients with engineering, design, and implementation services to treat contaminated water. This segment offers regulatory services. It also specializes in soils, vegetation and wetlands development and reclamation. The Company also offers air permitting and compliance services.
MONTROSE ENVIRONMENTAL GROUP, INC. 
