M&A Deal Summary

ASRC Industrial Services Acquires National Environmental Group

On February 1, 2019, ASRC Industrial Services acquired environmental company National Environmental Group

Acquisition Highlights
  • This is ASRC Industrial Services’ 1st transaction in the Environmental sector.
  • This is ASRC Industrial Services’ 10th transaction in the United States.
  • This is ASRC Industrial Services’ 2nd transaction in Michigan.

M&A Deal Summary

Date 2019-02-01
Target National Environmental Group
Sector Environmental
Buyer(s) ASRC Industrial Services
Deal Type Add-on Acquisition

Target

National Environmental Group

Flint Township, Michigan, United States
National Environmental Group is a provider in asbestos and lead abatement, waste disposal, and site decontamination services. National Environmental Group was founded in 2000 and is based in Flint Township, Michigan.

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Buyer(S) 1

Buyer

ASRC Industrial Services

Concord, California, United States

Category Company
Founded 2017
Sector Business Services
Employees1,500
DESCRIPTION

ASRC Industrial Services is a provider of industrial and environmental services throughout the continental United States. AIS is organized within three capability based operating groups: construction, maintenance and repair; remediation and response services; and environmental engineering and professional services.


DEAL STATS #
Overall 10 of 12
Sector (Environmental) 1 of 2
Type (Add-on Acquisition) 10 of 12
State (Michigan) 2 of 2
Country (United States) 10 of 12
Year (2019) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-01 Niles Construction Services

Flint, Michigan, United States

Niles Construction Services is a provider of painting and coatings services with a similar geographic footprint. Niles Construction Services was founded in 2003 and is based in Flint, Michigan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 EQM Technologies & Energy

Cincinnati, Ohio, United States

Environmental Quality Management, Inc. is a provider of environmental services (remediation & construction and consulting & engineering) to various agencies of the US Federal government, to state and local governments and to major industrial companies in the private sector. EQM operates primarily under long-term multi-year enabling contracts, with the majority of its business with the Federal government (EPA, Air Force, and Army Corps of Engineers), primarily on a ?time and material? or ?cost-plus? basis.

Buy -