Montroses integration of national chemistry services is expanded by transaction
LITTLE ROCK (Ark. LITTLE ROCK, Ark. & VALLEY FORGE (Pa.), February 7, 2022–(BUSINESS WIRE)–Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today announced the acquisition of Environmental Standards, Inc. Environmental Standards leadership team, including founder and Chief Executive Officer Rock Vitale, CEAC, will join Montroses Assessment, Permitting & Response segment. The terms of this transaction were not disclosed.
Founded in 1987 in Valley Forge, Pa., Environmental Standards is an internationally recognized environmental consulting firm providing services in the oil & gas, utilities/energy, chemical, industrial/manufacturing, coal/mining, real estate, legal, financial, insurance, non-regulatory government, and landfill markets. The company is present in 11 states and specializes in environmental chemistry and consulting geosciences. They also provide environmental data management, emergency response quality control oversight oversight, auditing/health and safety support.
Joshua LeMaire is Chief Operating Officer at Montrose. “The additions of Environmental Standards allow Montrose the opportunity to further strengthen our Chemistry and Auditing services, adding new capabilities and strong talent complementing our current operations on the East Coast,” said Joshua LeMaire. “The industry and its peers recognize Environmental Standards to be one of the top environmental consulting firms in the country and we are thrilled to welcome Rock and the entire Environmental Standards staff to our growing Montrose family.”
Rock Vitale, Chief Executive Officer of Environmental Standards, said: “We are thrilled that we have joined such a respected and rapidly-growing environmental consulting company. Montrose’s vast scientific and analytical capabilities and complementary services will allow us to strengthen our existing client relationships as well as create new ones in the core industries we serve. We are thrilled to be joining Montrose and work with our new colleagues to tackle larger and more difficult client engagements.
About Montrose
Montrose is a leader in environmental services and supports government and commercial organizations as they face today’s challenges and prepare for tomorrow. Montrose has more than 2500 employees in over 75 locations around the globe. Their combined local knowledge and integrated approach to engineering, design, and operations allows them to respond quickly and efficiently to each project’s specific requirements. Montrose offers innovative and practical solutions that keep clients ahead of the strategic curve. These include comprehensive air measurement and laboratory services, as well as regulatory compliance, emergency responses, permitting, engineering, remediation, and regulatory compliance. For more information, please visit www.montrose-env.com.
Forward-Looking Statements
This press release contains forward looking statements within the meaning of Section 27A of Securities Act of 33, as amended, or Section 21E of Securities Exchange Act of 34, as amended. Forward-looking statements can be identified by words such as “intend”, “expect”, “may”, or other similar expressions that either predict or indicate future events, or are not statements about historical matters. Forward-looking statements are based upon current information at the time they are made and management’s reasonable belief or expectations regarding future events. They are subject to risks, uncertainties, many which are beyond the Company’s control, that could cause actual performance and results to differ materially to the beliefs or expectations expressed or implied by forward-looking statements. Many of these factors are amplified and may continue being amplified due to the COVID-19 pandemic. There may be other factors or events that could affect actual results. The Company cannot predict all of these. Forward-looking statements are only accurate as of the date they were made. The Company does not assume any obligation to update any forward looking statement to reflect future developments, events, or other circumstances, except as required by law. For additional information about the risks and uncertainties that could lead to actual results differing from those in forward-looking statements investors should refer to the Securities and Exchange Commission filings.
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