List of 16 Acquired Environmental Companies in Minnesota

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
U.S. Water Services, Inc. Acquired Kurita Water Industries 2019-02-08 St. Michael, Minnesota, United States website	Environmental	120	4	4	-
Mar Cor Acquired Evoqua 2021-12-20 $196.3M Plymouth, Minnesota, United States website	Environmental	-	3	3	-
Asset Recovery Corp. Acquired Arrow Electronics 2012-02-27 St. Paul, Minnesota, United States website	Environmental	20	-	-	-
Aeration Industries International LLC Acquired Newterra 2018-03-06 Chaska, Minnesota, United States website	Environmental	-	-	-	-
Fluence - Aeromix Aeration & Mixing Portfolio Acquired Newterra 2024-02-05 Minneapolis, Minnesota, United States	Environmental	-	-	-	-
Vieau Associates, Inc. Acquired GZA GeoEnvironmental, Inc. 2020-01-20 Edina, Minnesota, United States website	Environmental	-	-	-	-
Liesch Associates, Inc. Acquired Terracon Consultants, Inc. 2013-01-10 Minneapolis, Minnesota, United States website	Environmental	-	-	-	-
S&S Tree and Horticultural Specialists, Inc. Acquired The Davey Tree Expert Co. 2013-02-07 Saint Paul, Minnesota, United States website	Environmental	-	-	-	-
Blue Lakes Disposal, Inc. Acquired Waste Management 2016-11-11 Brainerd, Minnesota, United States website	Environmental	-	-	-	-
Blue Zones LLC Acquired Adventist Health 2020-04-08 Minneapolis, Minnesota, United States website	Environmental	-	-	-	-
Legacy Services Acquired Blackmon Mooring & BMS CAT 2024-12-12 Elk River, Minnesota, United States website	Environmental	-	-	-	-
Svoboda Ecological Resources Acquired I+S Group (ISG) 2016-03-29 Excelsior, Minnesota, United States website	Environmental	-	-	-	-
Natural Resource Group LLC Acquired Environmental Resources Management 2014-09-30 Minneapolis, Minnesota, United States website	Environmental	-	-	-	-
J&J Rubbish Service Acquired LRS 2023-01-24 Winona, Minnesota, United States website	Environmental	-	-	-	-
Recycool, Inc. Acquired GlyEco, Inc. 2012-02-07 Forest Lake, Minnesota, United States website	Environmental	-	-	-	-
TREeCOLOGY Acquired SavATree 2020-12-10 Golden Valley, Minnesota, United States website	Environmental	-	-	-	-

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