Acquisition Transaction   |  

Principals of True North Advise ACRT Services in Acquisition of EnviroScience

ACRT Services acquired EnviroScience

STOW, OHIO: ACRT Services, Inc., a leading provider of independent consulting solutions to utilities and associated organizations throughout the United States, is pleased to announce that it has acquired ecological consulting firm EnviroScience, Inc. of Stow, Ohio. This move strengthens ACRT Services’ solution offerings and provides EnviroScience with a national market for its expertise and services.

"EnviroScience is no stranger to our organization. Both companies started in Northeast Ohio during the 1980s, crossing paths more than once. We’ve partnered over the years on projects that complemented each other and even offered space for some of EnviroScience’s team to work in the early years of our companies. Our like-minded passion for empowering people and our communities is what led us to add them to our family of brands,” says ACRT Services chief executive officer Michael Weidner.

EnviroScience evolved as it grew from a lab to a consulting firm supporting the environmental design and regulatory requirements servicing governments, industrial, engineering, and private clients. Their highly trained biologists, scientists, engineers, and divers offer a wide range of natural resource, engineering, and environmental services including aquatic surveys, wetland delineations, terrestrial surveys, lake management, ecological mitigation, laboratory analysis, stormwater management, and endangered species surveys. In addition, they proactively provide environmental legislation analysis, up-to-date technology, and biomonitoring services.

"ACRT Services is 100% employee-owned, and our employees are eager to be part of this employee-focused organization. We found a home with an organization that shares our same core values and commitment to safety, environmental stewardship, and client solutions,” stated Jamie Krejsa, president, at EnviroScience.

As part of the acquisition, EnviroScience will join the ACRT Services family of companies and will retain its name.

This is the third acquisition in which the Principals of True North, acting in the capacity of registered agents of Burch & Company, Inc. ("Burch"), were the lead strategic and financial advisors to ACRT Services. In order to assist True North with securities-related transactions, its principals are registered investment banking agents of Burch, member FINRA/SiPC. Burch and True North are not affiliated entities.

Acquisition Transaction
ACRT Services acquired EnviroScience
Deal date
December 23, 2021
Transaction type
Acquisition Transaction
Category
Services
Industry
Utility Services