Add-on Acquisition • Business Services

RES Acquires Carolina Environmental Contracting

On October 2, 2020, RES acquired business services company Carolina Environmental Contracting

Acquisition Context
  • This is RES’s 1st transaction in the Business Services sector.
  • This is RES’s 3rd transaction in the United States.
  • This is RES’s 1st transaction in North Carolina.

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M&A Deal Summary

Date October 2, 2020
Target Carolina Environmental Contracting
Sector Business Services
Buyer(s) RES
Deal Type Add-on Acquisition

Target Company

Carolina Environmental Contracting

Mt Airy, North Carolina, United States
Carolina Environmental Contracting, Inc. is a construction firm specializing in stormwater solutions. Carolina Environmental Contracting is based in Mt Airy, North Carolina.
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Buyer Overview 1

Buyer

RES

Bellaire, Texas, United States

Category Company
Founded 2007
Sector Environmental
DESCRIPTION

RES is a provider of ecological offsets and environmental solutions. RES helps clients proactively manage risk from operations in environmentally sensitive areas. RES was founded in 2007 and is based in Bellaire, Texas.


Deal Context for Buyer #
Overall 3 of 7
Sector: Business Services 1 of 1
Type: Add-on Acquisition 3 of 7
State: North Carolina 1 of 1
Country: United States 3 of 7
Year: 2020 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Angler Environmental

Warrenton, Virginia, United States

Angler Environmental is a provider of state-of-the-art water resource and green infrastructure solutions across the Mid-Atlantic states. Angler Environmental was established in 2000 and is headquartered in Warrenton, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 Redwing Ecological Services

Louisville, Kentucky, United States

Redwing Ecological Services, Inc. is an ecological services firm specializing in streamlining the permitting process for wetland, stream, and endangered species issues supporting public and private development and mitigation projects. Redwing Ecological Services was founded in 1999 and is based in Louisville, Kentucky.

Buy -