Ares Management-backed SLR Consulting completed the acquisition of Carnstone.

Ares Management-backed SLR Consulting, an environmental consultancy that provides advice and support on a wide range of strategic and site-specific environmental issues, completed the acquisition of Carnstone, a provider of advisory, management consulting, data analysis, research, and training services to organizations from various sectors. Financial terms were not disclosed. "I am delighted to welcome the Carnstone team to SLR. Advising our clients on ESG and sustainability issues is at the core of what SLR does and the Carnstone team is a great addition to our existing European and Asian teams. Carnstone’s experience in supporting large companies to address social, environmental and climate issues in their corporate strategies and supply chains, as well as their experience in supporting sectors such as pharmaceuticals and media to deliver their sustainability commitments will greatly enhance SLR’s commitment to Making Sustainability Happen,” Neil Penhall, SLR Consulting CEO.