PRISM Spectrum Holdings, LLC Acquires Copper Environmental Consulting, Inc.
The White Oak Group, an Atlanta-based private equity management firm, is pleased to announce the acquisition of Copper Environmental, LLC by Prism Spectrum Holdings, LLC.
PITTSBURGH, Aug. 22, 2018 /PRNewswire-PRWeb/ -- PRISM/Spectrum Holdings, LLC (PRISM), an environmental remediation and demolition contractor based in Pittsburgh, PA, announced today that it has acquired Copper Environmental Consulting, Inc. (http://www.copperenv.com), an environmental consulting, engineering, and project management firm based in Montana.
Founded in 2006, Copper Environmental grew to 40 staff in 12 years. The multi-disciplinary staff includes environmental engineers, chemical engineers, civil engineers, petroleum engineers, geologists, hydrogeologists, and geochemists. Copper Environmental grew its business by offering highly technical specialists who deliver rigorous standards for environmental site investigation, civil engineering design, water resource management, water treatment design, water treatment operations, project management, regulatory compliancej assurance, and construction quality assurance.
"Copper Environmental's history is similar to ours, a company that is an expert in its field, has a safety-first culture, and has grown organically through repeat business and customer referrals," states PRISM CEO Shawn P Regan. "Copper's expertise in remedial design and project consulting will help us diversify and compound our core service offerings, giving our customers a contractor with increased capacity, environmental and project management expertise, and service scope."
Copper Environmental will add to Prism's capabilities with technical expertise and engineering services that will be incorporated through all of its services. This, combined with PRISM's existing operational and project execution expertise, offering their customers a full in-house engineering, remedial contracting, and demolition firm.
"We built Copper by providing expertise which continuously improved our customers' projects through optimal design, quality technical analysis, reduced safety and compliance risks, and efficient project management," says Dave McCarthy, founder of Copper Environmental. "PRISM's robust technical knowledge and proven operational approach gives Copper an operational and project execution capacity that we have not had previously. Combining with PRISM provides additional depth of resources, fits with our core growth strategies, and aligns our engineering and technical expertise into a company that will provide impeccable operational execution."
The acquisition of Copper Environmental is part of a strategic expansion by PRISM, supported by its investor group to increase its geographical reach, client diversity and breath of capabilities and solutions it can provide to clients across a broad set of industries including manufacturing, healthcare, real estate development, mining, oil and gas, chemical, utilities, education and government agencies. The investor group is led by the Atlanta, Georgia-based private equity management firm The White Oak Group. "We are excited about the combination of Prism and Copper and resulting capabilities it affords clients in the markets we serve. Both companies share a common 'customer-first' culture while focused on providing a great work environment for their employees" says Chris Melton, founder and CEO of the White Oak Group.
About The White Oak Group
White Oak is an Atlanta-based private equity management firm focused on making investments in lower middle market, IP-rich businesses primed for growth. With a successful record built on industry expertise and partnerships with exceptional management teams, White Oak invests in Aerospace and Defense, Environmental, and Information Technology companies. For more information, please visit http://www.thewhiteoakgroup.com.
About PRISM.
PRISM is a specialty contractor performing asbestos abatement, interior demolition, mold remediation, and disaster restoration. PRISM's management team consists of individuals each with over 30 years' experience in the industry and a successful track record of completing thousands of projects throughout the United States. Project experience spans all market segments including commercial, industrial, manufacturing, and state and federal government. Learn more at http://www.prismresponse.com.
SOURCE PRISM Spectrum Holdings, LLC
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