M&A Deal Summary

Montrose Acquires Airtech Environmental Services inc.

On December 31, 2016, Montrose acquired environmental company Airtech Environmental Services inc.

Acquisition Highlights
  • This is Montrose’s 15th transaction in the Environmental sector.
  • This is Montrose’s 17th transaction in the United States.
  • This is Montrose’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-12-31
Target Airtech Environmental Services inc.
Sector Environmental
Buyer(s) Montrose
Deal Type Add-on Acquisition

Target

Airtech Environmental Services inc.

Elk Grove Village, Illinois, United States
Airtech Environmental Services, inc. offers sampling, analysis, monitoring, and consulting services relating to stationary source air emissions. Airtech conducts a full range of initial certification, performance, compliance and diagnostic and engineering testing for owners and operators of boilers, oxidizers, engines, incinerators, combustors, scrubbers, baghouses, vapor recovery units, crushers, flares, and other air pollution control equipment. Airtech Environmental Services was formed in 1995 and is based in Elk Grove Village, Illinois.

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Buyer(S) 1

Buyer

Montrose

North Little Rock, California, United States
Category Company
Founded 2012
Sector Environmental
Employees3,200
Revenue 624M USD (2023)
DESCRIPTION

Montrose is an environmental services provider offering measurement and analytical services as well as environmental resiliency and sustainability solutions to clients across a wide array of sectors. Montrose’s qualified engineers, scientists, technicians, associates, and policy experts are proud of their collective expertise and the collaborative nature of our approach to helping clients. Montrose strives to optimize environmental resiliency in a way that effectively complements its clients’ decision-making and operations and efficiently fulfills its project requirements. Headquartered in Orange County, California, Montrose has over 50 offices across the country and over 1,100 employees nationwide. Montrose was formed in 2012 and is based in North Little Rock, Arkansas.

DEAL STATS #
Overall 18 of 44
Sector (Environmental) 15 of 35
Type (Add-on Acquisition) 16 of 41
State (Illinois) 1 of 1
Country (United States) 17 of 37
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-31 Nautilus Environmental Company

Burnaby, British Columbia, Canada

Nautilus Environmental Company, Inc. offers environmental toxicology services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-02 Environmental Planning Specialists

Sandy Springs, Georgia, United States

Environmental Planning Specialists, Inc. is a provider of environmental consulting focused on helping clients achieve and maintain regulatory compliance and aim for environmental excellence across commercial, industrial and governmental sectors. Environmental Planning Specialists, Inc. was founded in 1996 and is based in Sandy Springs, Georgia.

Buy -
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