Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG) today announced the acquisition of AirKinetics, Inc., a leader in emissions testing services in the Western United States. AirKinetics’ leadership team, including founder and president Tony Wong, will join Montrose’s Measurement and Analysis segment. The terms of the transaction were not disclosed.
AirKinetics has been a leading provider of emissions testing services to industry and government partners since 1995. The company is recognized as a top environmental testing firm in Southern California, with domain expertise in compliance and regulatory testing, CEMS testing, engineering and diagnostics testing and ambient air monitoring. AirKinetics’ expertise is primarily in California, Hawaii, Nevada, Arizona, Oklahoma, Oregon and Washington.
“The addition of AirKinetics will allow us to strengthen our stack testing and emissions capabilities on the West Coast, which is home to some of the strictest local and state regulations in the country,” said Shawn Nelezen, senior vice president of Air Quality Services at Montrose. “With nearly 30 years of experience in the emissions industry, Tony and his team understand, and have advised clients on, the multitude of air quality compliance and regulatory laws.”
“With our shared regional footprint in Southern California,” said AirKinetics’ president, Tony Wong, “we’ve known and competed against Montrose for years and have a deep respect for the talent and professionalism of the company. In joining forces, we expand our reach throughout the West and can offer clients an array of complementary services as well as innovative new air testing technologies. We look forward to leveraging our understanding of complex environmental federal, state and local laws and regulation to create a best-in-class consulting solution.”
About Montrose
Montrose is a leading environmental services company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what’s coming tomorrow. With more than 2,500 employees across over 75 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering and operations, enabling the company to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit montrose-env.com.
Forward-Looking Statements
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Contacts
Investor Relations:
Rodny Nacier
(949) 988-3383
ir@montrose-env.com
Media Relations:
Doug Donsky
(646) 677-1844
Montrose@icrinc.com