The addition of CG Environmental's seven
locations increases EnviroServe's reach to 45 operations across the
country
CLEVELAND, May 13, 2024
/PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased
to announce the sale of CG Environmental – The Cleaning Guys (CG
Environmental), a portfolio company of Silver Peak Partners,
Midwest Mezzanine Funds, and Eagle Capital Partners, to EnviroServe
Inc. (EnviroServe), a portfolio company of One Rock Capital
Partners, LLC. BGL's Environmental Services and Industrial &
Infrastructure Services investment banking teams exclusively
advised CG Environmental in the transaction. The specific terms of
the transaction were not disclosed.
CG Environmental provides specialty
environmental remediation, emergency response, and waste management
services.
Headquartered in Fort Worth,
Texas, CG Environmental is a regional provider of specialty
environmental remediation, emergency response, and waste management
services across Texas,
Colorado, Oklahoma, Missouri, and the surrounding regions. CG
Environmental carries a strong reputation for high-quality,
reliable service and for solving its customers' toughest
environmental challenges. CG Environmental also works closely with
state-of-the-art, proprietary equipment, including their
"Annihilator" solutions, which enable customers to clean up spills
more efficiently on pavements than traditional solutions.
Headquartered in Salt Lake City,
Utah, EnviroServe provides end-to-end solutions for special
waste, universal waste, biological waste, and most hazardous and
non-hazardous materials. EnviroServe delivers expert handling and
transportation, innovative waste reduction and recovery solutions,
and highly responsive and thorough environmental field services,
nationwide. EnviroServe operates 38 locations across the United States.
The addition of CG Environmental provides a highly complementary
geographic footprint to EnviroServe, extending EnviroServe's
geographic presence into Dallas,
Houston, San Antonio, Austin, Carthage, and Tulsa, and furthering its presence as a
national end-to-end solutions provider. EnviroServe will also be
able to leverage CG Environmental's proprietary equipment and
processes to be able to better serve new and existing customers
across its current footprint.
BGL's Services investment banking professionals have extensive
M&A and capital markets experience, with deep knowledge in
Environmental Services, Industrial & Infrastructure Services,
Commercial & Residential Services, Professional Services, and
Supply Chain & Logistics Services. Our Services team is deeply
connected across the industries we serve, maintaining strong
relationships with strategic and financial buyers around the
globe.
About Brown Gibbons Lang & Company
Brown Gibbons
Lang & Company (BGL) is a leading independent investment bank
and financial advisory firm focused on the global middle market.
The firm advises private and public corporations and private equity
groups on mergers and acquisitions, capital
markets, financial restructurings, business valuations
and opinions, and other strategic matters. BGL has
investment banking offices in Chicago, Cleveland, Los
Angeles, and New York, and
real estate offices in Chicago,
Cleveland, and San Antonio. The firm is also a founding
member of Global M&A Partners, enabling BGL to service clients
in more than 35 countries around the world. Securities transactions
are conducted through Brown, Gibbons, Lang & Company
Securities, LLC, an affiliate of Brown Gibbons Lang & Company
LLC and a registered broker-dealer and member of FINRA and SIPC.
For more information, please visit www.bglco.com.
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SOURCE Brown Gibbons Lang & Company