Baker Tilly Capital assists owners of EMWI and RRI with business sale
Baker Tilly Capital helps EHS company owners find the right buyer that fit their succession plan goals.
Client need
The ownership team of Environmental Waste Minimization, Inc. (EWMI) and Rapid Response Inc. (RRI), after owning and operating the businesses for over 30 years, sought a succession plan that allowed them to realize the value in the businesses they built and provide employees with opportunities for growth.
EWMI delivers comprehensive environmental solutions including waste transportation and disposal, remediation and field services, demolition and decommissioning, soil management and lab pack services to a variety of engineering, industrial and municipal clients across the country. Through its affiliate, RRI, EWMI also provides 24/7 emergency spill response services.
Baker Tilly Capital solution
During the sale process, Baker Tilly Capital, LLC (Baker Tilly Capital) contacted suitable strategic and private equity buyers to find the right partner for EWMI. Baker Tilly Capital guided the ownership team through each step of the sale process. The ownership team selected Triumvirate Environmental, a leading provider of environmental, health, and safety (EHS) services, to move forward with a transaction.
Results
With Baker Tilly Capital’s assistance, EWMI and RRI received several offers and, ultimately, were acquired by Triumvirate Environmental, a portfolio company of Berkshire Partners.
Mike Acker, President and Partner of Environmental Waste Minimization, LLCJoining Triumvirate allows us to build on the strong foundation we've established while providing our clients with expanded capabilities and geographic reach. We share a deep commitment to safety, compliance and exceptional service, making this a natural fit for our team and customers. Clients can expect continuity in service and operations
To learn more about how Baker Tilly can help your organization with transactions, contact our M&A team.
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