Environmental Solutions
Search documents
Montrose Environmental Group Wins Four Environment+Energy Leader Awards
Prnewswire· 2025-04-02 13:00
Core Insights - Montrose Environmental Group has been recognized with four awards at the E+E Leader Product & Project Awards, highlighting its commitment to environmental protection and sustainability [1][2][3] Company Overview - Montrose Environmental Group is focused on providing environmental solutions to both commercial and government organizations, with approximately 3,400 employees across over 100 locations worldwide [6] - The company emphasizes an integrated approach to design, engineering, and operations, allowing it to effectively address the unique requirements of each project [6] Awards and Recognition - The E+E Leader Product & Project Awards recognize excellence in products and services that enhance energy and environmental benefits, as well as projects that improve environmental outcomes [1][5] - The awards are evaluated by a panel of independent judges from more than 20 companies, ensuring a rigorous assessment of the entries [3][5] Industry Context - The sustainability and energy landscape is rapidly evolving, presenting challenges for professionals in selecting effective solutions [2] - The E+E Leader Awards serve as a benchmark for innovation and impact in the industry, showcasing scalable solutions to pressing sustainability and energy challenges [3][2]
CECO Environmental Announces Completion of the Divestiture of Its Fluid Handling Business to May River Capital
GlobeNewswire News Room· 2025-04-01 11:00
Core Viewpoint - CECO Environmental Corp. has successfully completed the divestiture of its Fluid Handling business, known as Global Pump Solutions (GPS), to May River Capital for an enterprise value of approximately $110 million, effective March 31, 2025 [1][2][4]. Group 1: Transaction Details - The transaction was executed for a cash payment of approximately $110 million at closing [2]. - Proceeds from the divestiture will be utilized to pay down debt and fund future strategic growth investments [2]. Group 2: Business Overview - The GPS business includes three niche brands: Dean, Fybroc, and Sethco, specializing in severe service industrial pumps [3]. - GPS operates from locations in Indianapolis, Indiana, and Telford, Pennsylvania, serving over 1,500 customers globally [3]. Group 3: Strategic Implications - The divestiture allows CECO to better align its portfolio with high growth opportunities in energy and industrial markets [4]. - The sale follows recent acquisitions of Verantis Environmental and Profire Energy, creating additional capacity for further investments in CECO's growth and business expansion [4]. Group 4: Company Background - CECO Environmental is a diversified industrial company focused on environmentally friendly solutions across industrial air, water, and energy transition markets [5]. - The company provides innovative technology and application expertise to improve air quality and optimize the energy value chain [5]. Group 5: Buyer Information - May River Capital is a private equity firm based in Chicago, focusing on lower middle-market industrial growth businesses [6]. - The firm invests in advanced manufacturing, engineered products, specialized industrial services, and value-added industrial distribution services [6].
Montrose Environmental Group to Attend the Evercore 17th Annual Industrial Conference
Prnewswire· 2025-02-28 21:15
Core Insights - Montrose Environmental Group, Inc. is committed to protecting air, water, and soil, and will participate in the Evercore 17th Annual Industrial Conference on March 4, 2025 [1] Company Overview - Montrose is a leading environmental solutions company that supports commercial and government organizations in addressing current challenges and preparing for future needs [2] - The company employs approximately 3,410 individuals across 120 locations globally, combining local expertise with an integrated approach to project management [2] - Montrose offers a wide range of services including air measurement, laboratory services, regulatory compliance, environmental emergency response, permitting, engineering, and remediation [2] - The company focuses on delivering innovative and practical solutions to meet immediate client needs and maintain a strategic advantage [2]