M&A Deal Summary

Montrose Acquires GreenPath Energy

On May 8, 2023, Montrose acquired environmental company GreenPath Energy

Acquisition Highlights
  • This is Montrose’s 29th transaction in the Environmental sector.
  • This is Montrose’s 4th transaction in Canada.
  • This is Montrose’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2023-05-08
Target GreenPath Energy
Sector Environmental
Buyer(s) Montrose
Deal Type Add-on Acquisition

Target

GreenPath Energy

Calgary, Alberta, Canada
GreenPath Energy is an optical gas imaging and fugitive emissions management services firm. GreenPath Energy was founded in 2007 and is based in Calgary, Alberta.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 37 of 44
Sector (Environmental) 29 of 35
Type (Add-on Acquisition) 34 of 41
State (Alberta) 2 of 3
Country (Canada) 4 of 5
Year (2023) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-03 Matrix Solutions

Calgary, Alberta, Canada

Matrix Solutions is an environmental consulting and engineering services company that collaborates across diverse fields of expertise and geographies on projects where environmental stewardship matters. The company has built its reputation by delivering innovative, pragmatic, and sustainable solutions for public and private sector clients. Core markets include infrastructure, renewable energy, oil and gas, midstream, and mining. Matrix Solutions is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Vandrensning

Slagelse, Denmark

Vandrensning is a provider of water treatment specializing in treating landfill leachate for PFAS and heavy metals in Scandinavia. Vandrensning is based in Slagelse, Denmark.

Buy -
Mergr

Product

Company

Legal