Environmental Consulting and Redevelopment Firm

Description:
The company is an integrated group of environmental consulting and redevelopment firms, specializing in soil and groundwater remediation solutions.

Key Aspects:
• From 2020 through 2023, revenue averaged $6.2 million, while adjusted EBITDA averaged $576,000 during the same period
• Performs Phase I, II, and III environmental assessments
• Services include full remediation plans designed and implemented, as well as environmental compliance and sustainability consulting
• Highly knowledgeable and experienced workforce

Opportunities:
• Capitalize on industry growth
• Gain more projects by capitalizing on the recent passage of the Infrastructure Investment and Jobs Act
• Expand geographically by capitalizing on remote work capabilities
• Broaden scope of clientele to include general contractors

Headquartered:
• Northeast, US

Current Markets:
• The company currently serves private and public companies that manage hazardous materials or acquire contaminated real estate throughout the Northeast and Mid-Atlantic, US.

Real Estate:
• The company rents a central office from an unrelated third party. There is also a warehouse and two garages located on site, all of which are included in the company’s lease.

Shareholder Ownership:
• The company is owned by three shareholders, one of which is active in the business. The primary shareholder is seeking retirement but has indicated that he is willing to remain with the company to facilitate a smooth transition to new ownership.

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