TestAmerica (Canton, Ohio), the largest environmental testing firm in the United States at $220 million in revenues, for merging with JSTI Group (Nanjing, China), a global transportation systems design and environmental monitoring firm with $400 million in sales. TestAmerica was acquired by H.I.G. Capital in 2003 when the firm ranked as the #3 U.S. environmental lab firm at $40 million in revenues and in late 2006 it acquired the # 1 company Severn Trent Laboratories to consolidate the top spot. In February 2010 American Capital Asset Strategies acquired 49% of TestAmerica and owners were reported to be pleased with the value of the transaction. Executives of both firms described the merger as a synergistic combination of diversified testing and environmental solutions leaders resulting in the first ever unified east-west response to the world's growing environmental stewardship testing challenges. "A huge environmental services market is forming in Asia. JSTI and TestAmerica will be leaders in helping to provide environmental measurement solutions in this and other international markets," said JSTI CEO Junhua Wang. "The deal represented a very encouraging sign not only for TestAmerica but also for the broader industry in that a major international and strategic industry buyer has stepped up to help guide the country's largest testing firm into the future," said Steve Maxwell, managing director of TechKNOWLEDGEy Strategic Group.
BSI (British Standards Institution, London, UK) and its BSI EHS Services and Solutions business, originally acquired as EORM in California, for broadening the its geographical footprint on the East Coast with three strategic acquisitions: In August 2016, BSI acquired Atrium Environmental Health and Safety Services LLC (Reston, Va.), a 25-employee firm providing on-site and project-based occupational safety, industrial hygiene and environmental compliance services in the National Capital region (Virginia, Maryland and Washington DC). In September 2016, Creative Environment Solutions (CES) Corp., one of New York City's most respected environmental and safety consulting firms, joined BSI, adding more than 100 employees and bolstering services in the Northeast. In December 2016, BSI acquired EHS consulting firm Quantum Management Group Inc. (Clifton, N.J.). Quantum grew from Eastman Kodak's divestiture of its pharmaceutical subsidiary, Sterling Winthrop Inc., adding corporate environmental liability management consulting and project management expertise and strengthening BSI's EHS services to the pharmaceutical, petrochemical and manufacturing sectors.
Ramboll (Copenhagen) for the August 2016 acquisition of acquires two German onshore wind energy consulting firms. Ramboll acquired BBB Umwelttechnik GmbH and CUBE Engineering GmbH. With more than 65% of all offshore wind turbines on foundations designed by Ramboll, the Danish company is already the leading global consulting firm in offshore wind. With BBB and CUBE's 85 employees working from five offices in Germany and a small office in Brazil, Ramboll has established a knowledge base of close to 350 experts providing consultancy services on offshore and onshore wind energy. The acquisitions also fit well with Ramboll's strategy for growth in Germany. Ramboll has grown significantly in recent years in Germany, and now provides a presence within energy, transport, planning & urban design, water, environment & health, and management consulting with about 450 staff in total in Germany. Ramboll employs 13,000 people in almost 300 offices in 35 countries, emphasizing local experience combined with a global knowledge-base.
RWL Water (New York, N.Y.), a global water, wastewater, and waste-to-energy firm, for reaching an agreement to acquire Acquavit (Jundiai, São Paulo, Brazil), a water and wastewater treatment company serving municipal and industrial clients. Acquavit, which will be renamed RWL Water Brasil, reinforces RWL Water's expansion strategy in South America's largest market. "Brazil is facing significant water scarcity issues, rising electricity prices, and wastewater problems; thus, our global experience stemming from other RWL Water sister companies in desalination, reuse, and waste-to-energy solutions are of particular relevance," said RWL Water President and CEO Henry Charrabé. Founded in 2010, RWL Water was established to become a leading global water, wastewater, and reuse solutions provider in the middle market.
SGS SA (Geneva, Switzerland) for acquiring Accutest Laboratories (Dayton, N.J.) and AXYS Analytical Services Ltd. (Sidney, BC) in 2016. Accutest had revenues of $65 million in 2015; in combination with SGS's existing operations, the acquisition created one of the leading environmental testing laboratory businesses in the United States. AXYS Analytical is a specialist in ultra trace analysis of persistent organic pollutants (POPs), contaminants of emerging concern, and metabolomics (the study of small biomolecules or metabolites endogenous to a biological system). AXYS anticipated 2016 revenues in excess of C$12 million. SGS is a global inspection, verification, testing and certification company with more than 80,000 employees and a network of over 1,650 offices and laboratories worldwide.
Cascade Environmental (Woodinville, Wash.), a provider of environmental drilling, high resolution site characterization, and in situ remediation, for three acquisitions: In January 2016, Cascade acquired the Field Services Division of Stone Environmental Inc., followed in August by the remediation technology provider Panther Technologies Inc. (Medford, N.J.), including the assets and proprietary technologies of GeoSierra Environmental Inc. In October, Cascade announced the acquisition of Alliance Maintenance & Services (Houston), serving the consulting and oil & gas communities throughout the Gulf Region. Also in 2016, the 25th anniversary year of the original Cascade Drilling LP, Cascade announced a new brand identity of Cascade Environmental supported by a new operating structure to better serve the environmental and engineering consulting community including Cascade Drilling, Cascade Technical Services, Aquifer Drilling and Testing, and TerraTherm.