Monday, December 23, 2024
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Enviroserve Completes Acquisition of CG Environmental

EnviroServe Inc. Acquires CG Environmental, Expanding National Reach

EnviroServe Inc., a national provider of environmental and waste management services, has announced its acquisition of CG Environmental, a full-service environmental and industrial services provider. This strategic move will expand EnviroServe’s reach to 45 operations across the country, solidifying its position as a leader in the industry.

CG Environmental, headquartered in Fort Worth, Texas, is known for its specialty environmental remediation, emergency response, and waste management services in Texas, Colorado, Oklahoma, Missouri, and surrounding regions. The company’s reputation for high-quality service and innovative solutions, such as their “Annihilator” equipment, has made them a trusted partner for customers facing tough environmental challenges.

Nathan Savage, CEO of EnviroServe, expressed excitement about the acquisition, stating, “We look forward to combining CG Environmental’s technical expertise and local market knowledge with EnviroServe’s comprehensive service offerings. This partnership will accelerate our growth objectives and enhance our ability to provide essential environmental solutions to customers nationwide.”

Andy Shackett, One Rock Operating Partner, highlighted the complementary nature of the two businesses, emphasizing the potential for collaboration in expanding service offerings and geographic reach. The partnership aims to provide key resources to help EnviroServe assist customers in overcoming environmental challenges, mitigating risk, and driving sustainability.

EnviroServe offers end-to-end solutions for special waste, universal waste, biological waste, and hazardous materials, with a focus on expert handling, innovative waste reduction, and responsive environmental field services. With a highly trained team and a vast fleet of equipment, EnviroServe is committed to delivering confidence to customers, helping them prevent problems, reduce risks, and meet sustainability objectives.

One Rock Capital Partners, LLC, the parent company of EnviroServe, specializes in making investments in companies with growth potential and operational improvement opportunities. Through a collaborative approach with company management and Operating Partners, One Rock aims to enhance long-term value and profitability for its portfolio companies.

Overall, the acquisition of CG Environmental represents a significant milestone for EnviroServe, positioning the company for continued success in providing essential environmental solutions and driving sustainable practices in the industry.

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