ECT2

Montrose Environmental Group Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Sustainability, Environmental Issues, Environment, Earnout, Acquisition, Domestic, International, ECT2, Senior, Rocky Mountains, MEG, Assessment, IPO, Series, Income tax, GAAP, Webcast, Reuse, PFAS, EPA, Movement, Wind, Real estate

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2023.
  • Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “Our record full year results reflect continued strength across our business.
  • Total revenue in the fourth quarter of 2023 was $165.7 million compared to $139.5 million in the prior year quarter, an increase of 18.8%.
  • Fourth quarter 2023 Consolidated Adjusted EBITDA1 was $17.5 million, compared to $17.8 million in the prior year quarter.

Montrose Environmental Group Acquires Epic Environmental, Expanding Consultative and Engineering Services in Australia

Retrieved on: 
Thursday, February 1, 2024
Professional Services, Environmental, Social and Governance (ESG), Environment, Sustainability, Environmental Issues, Environmental Health, Consulting, Growth, Reuse, PFAS, Movement, Waste management, Environmental science, Epic, Water, ECT2, MEG, Acquisition, Culture, Engineering, Brad May, Organization

Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental services company, today announced the acquisition of Epic Environmental Pty Ltd, a leading environmental consultancy in Australia.

Key Points: 
  • Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental services company, today announced the acquisition of Epic Environmental Pty Ltd, a leading environmental consultancy in Australia.
  • Headquartered in Brisbane, with offices in Sydney, Mudgee, Adelaide and Darwin, Epic Environmental is an environmental science and engineering consultancy, serving clients across Australia.
  • Epic will both accelerate our growth in Australia and significantly expand our capabilities, relationships and services in market,” said Vijay Mathripragada, President and Chief Executive Officer of Montrose Environmental Group.
  • With Epic, we are creating a more comprehensive environmental solutions platform in Australia which we believe will be very additive to both organizations.

Montrose Environmental Group Enhances Its PFAS Water Treatment Solutions by Acquiring ECT2

Retrieved on: 
Tuesday, September 17, 2019
Chemicals, Plastics, Environment, Manufacturing, Pollutants, Montrose, Angus, ECT2, Emerging contaminants, Montrose, Houston, PFAS, Montrose Environmental Group, Inc., Emerging Compounds Treatment Technologies, Inc., Haley & Aldrich

Montrose Environmental Group, Inc. (Montrose), a high-growth environmental services company, and Emerging Compounds Treatment Technologies, Inc. (ECT2), a global leader in cutting-edge solutions that mitigate the impact of emerging contaminants in air and water, today announced they have entered into a definitive agreement under which Montrose has acquired ECT2 from its parent company, Haley & Aldrich, Inc.

Key Points: 
  • Montrose Environmental Group, Inc. (Montrose), a high-growth environmental services company, and Emerging Compounds Treatment Technologies, Inc. (ECT2), a global leader in cutting-edge solutions that mitigate the impact of emerging contaminants in air and water, today announced they have entered into a definitive agreement under which Montrose has acquired ECT2 from its parent company, Haley & Aldrich, Inc.
  • Due to this advanced technology, ECT2 became the PFAS treatment leader since 2017 in Australia, a country leading the way in PFAS remediation.
  • Montrose is a perfect home for ECT2 given its focus on providing comprehensive, innovative environmental solutions for emerging contaminants.
  • Montrose Environmental Group, Inc. (Montrose) is a high-growth environmental services company with more than 50 locations and 1,200 employees in North America.