Montrose Environmental Group, Inc. acquired Paragon Soil and Environmental Consulting Inc.
June 05, 2024
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Montrose Environmental Group, Inc. (NYSE:MEG) acquired Paragon Soil and Environmental Consulting Inc. on June 5, 2024. F&M Management Ltd. acted as lead M&A advisor and Birdsell Grant LLP acted as legal advisor for Paragon Soil and Environmental Consulting Inc. Paragon?s senior leadership team, including President Lee Waterman, will join Montrose?s Consulting and Engineering services within the Company?s Remediation and Reuse segment. Terms of the transaction were not disclosed.
Montrose Environmental Group, Inc. (NYSE:MEG) competed the acquisition of Paragon Soil and Environmental Consulting Inc. on June 5, 2024.
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 to the oil and gas, and renewables sectors. It also specializes in soils, vegetation and wetlands development and reclamation in Western Canada.