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Announced

Montrose Environmental to acquire Matrix Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

Acquisition

Canada

Pending

environmental consulting

Majority

Environmental Consulting

Private

Single Bidder

Synopsis

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Montrose Environmental, an environmental solutions company, agreed to acquire Matrix Solutions, an environmental and engineering consulting company. Financial terms were not disclosed. “Matrix will form the platform for our consulting business in Canada and, together, we will be able to expand our support for clients across their full environmental engineering and service needs in North America. Within Canada, Matrix is recognized as a leading pure-play environmental solutions platform, offering a wide-range of services to compete against large-scale competitors, while having the regional expertise and personal touch to compete with local niche players. We’re excited about the opportunity to enhance our ability to address our clients’ increasingly complex environmental challenges and look forward to welcoming our new colleagues to the Montrose family,” Doug Matthys, Montrose President of Consulting & Engineering division.

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