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This company has earned a preeminent reputation for its expertise in managing large-scale, complex environmental projects entailing the testing and inspection of various hazardous substances, including asbestos, lead, and mold.
Based in New Jersey, the business serves clients throughout New Jersey and New York, including federal/state/municipal governmental agencies, commercial real estate owners, architectural and engineering firms, and educational institutions. It has also managed projects for Fortune 100 companies through direct engagements, as well as under contracts with engineering firms.
The company has managed projects requiring the testing and inspection of properties ranging in size up to 30+ million sq. ft., including the largest residential complex in the world. When its findings point to the need for abatement, clients will often enlist the company’s assistance in evaluating potential abatement contractors, conducting contractor walkthroughs, and providing oversight throughout the entire abatement process.
The staff of project managers and environmental scientists has the most advanced certifications in the environmental profession and is adept at managing relationships with personnel at all levels in client organizations. The most compelling evidence of clients’ assessment of the company is the fact that the majority of revenue stems from repeat patronage and referrals.
In both 2022 and 2023, repeat clients accounted for 97% of total revenue.
An engineering firm would be the optimal buyer of this company, as it would “inherit” a stellar brand that would enhance its value to clients through greater cost efficiencies and quality control.
The seller will provide support to facilitate a smooth transition.