Montrose Environmental Group Acquires Origins Laboratory, Strategically Expanding Environmental Testing Operations in Rocky Mountain Region
Montrose Environmental Group (NYSE: MEG) has acquired Origins Laboratory, a leading environmental testing lab in Denver, Colorado. This strategic move expands Montrose's presence in the Rocky Mountain region and enhances its Measurement and Analysis Segment. Origins, founded in 2006, specializes in water, soil, and air contamination testing for oil and gas clients, offering advanced services like VOC air analysis and PFAS measurement.
The acquisition allows Montrose to provide integrated environmental solutions in the region, combining laboratory services with existing offerings. Origins' rapid turnaround capabilities, including same-day results, enable significant cost savings for clients through faster remediation and improved project efficiency. This move aligns with Montrose's commitment to responsive, client-focused service and positions the company to address evolving regulatory needs in the environmental sector.
Montrose Environmental Group (NYSE: MEG) ha acquisito Origins Laboratory, un laboratorio di testing ambientale leader a Denver, Colorado. Questa mossa strategica espande la presenza di Montrose nella regione delle Montagne Rocciose e migliora il suo segmento di Misurazione e Analisi. Origins, fondata nel 2006, si specializza nel testing della contaminazione dell'acqua, del suolo e dell'aria per clienti nel settore petrolifero e del gas, offrendo servizi avanzati come l'analisi dell'aria per VOC e la misurazione di PFAS.
L'acquisizione consente a Montrose di fornire soluzioni ambientali integrate nella regione, combinando i servizi di laboratorio con le offerte esistenti. Le capacità di rapida risposta di Origins, inclusi i risultati in giornata, permettono risparmi significativi per i clienti grazie a una remediazione più veloce e a un miglioramento dell'efficienza dei progetti. Questa mossa è in linea con l'impegno di Montrose per un servizio reattivo e orientato al cliente e posiziona l'azienda per affrontare le esigenze normative in evoluzione nel settore ambientale.
Montrose Environmental Group (NYSE: MEG) ha adquirido Origins Laboratory, un laboratorio de pruebas ambientales líder en Denver, Colorado. Este movimiento estratégico expande la presencia de Montrose en la región de las Montañas Rocosas y mejora su segmento de Medición y Análisis. Origins, fundada en 2006, se especializa en pruebas de contaminación de agua, suelo y aire para clientes del sector de petróleo y gas, ofreciendo servicios avanzados como análisis de aire para VOC y medición de PFAS.
La adquisición permite a Montrose proporcionar soluciones ambientales integradas en la región, combinando servicios de laboratorio con ofertas existentes. Las capacidades de rápida respuesta de Origins, incluidos los resultados en el mismo día, permiten ahorrar costos significativos para los clientes a través de una remediación más rápida y una mejora en la eficiencia de los proyectos. Este movimiento está alineado con el compromiso de Montrose de ofrecer un servicio receptivo y centrado en el cliente y posiciona a la empresa para abordar las necesidades regulatorias en evolución en el sector ambiental.
Montrose Environmental Group (NYSE: MEG)가 Origins Laboratory를 인수했습니다. 이 실험실은 콜로라도주 덴버에 위치한 환경 시험의 선두주자입니다. 이 전략적 결정은 Montrose의 록키 마운틴 지역 내 입지를 확장하고 측정 및 분석 세그먼트를 강화합니다. 2006년에 설립된 Origins는 석유 및 가스 고객을 위한 수질, 토양 및 대기 오염 시험을 전문으로 하며, VOC 공기 분석과 PFAS 측정과 같은 고급 서비스를 제공합니다.
이번 인수로 Montrose는 지역 내에서 통합 환경 솔루션을 제공할 수 있게 되었으며, 실험실 서비스와 기존 제공사를 결합하였습니다. Origins의 신속한 결과 제공 능력(당일 결과 포함)은 고객에게 더 빠른 정화 및 개선된 프로젝트 효율성을 통해 상당한 비용 절감을 가능하게 합니다. 이 움직임은 Montrose가 고객 중심의 반응적인 서비스에 대한 약속과 환경 부문에서 진화하는 규제 요구 사항을 다룰 수 있는 위치에 놓이게 합니다.
Montrose Environmental Group (NYSE: MEG) a acquis Origins Laboratory, un laboratoire d'essai environnemental de premier plan à Denver, Colorado. Ce mouvement stratégique élargit la présence de Montrose dans la région des montagnes Rocheuses et renforce son segment de Mesure et d'Analyse. Fondée en 2006, Origins se spécialise dans les tests de contamination de l'eau, du sol et de l'air pour les clients des secteurs pétrolier et gazier, offrant des services avancés tels que l'analyse de l'air pour les COV et la mesure des PFAS.
L'acquisition permet à Montrose de fournir des solutions environnementales intégrées dans la région, en combinant les services de laboratoire avec les offres existantes. Les capacités de réponse rapide d'Origins, y compris les résultats le jour même, permettent aux clients de réaliser d'importantes économies grâce à une dépollution plus rapide et une amélioration de l'efficacité des projets. Ce mouvement s'aligne avec l'engagement de Montrose à fournir un service réactif et axé sur le client et positionne l'entreprise pour faire face aux besoins réglementaires évolutifs dans le secteur environnemental.
Montrose Environmental Group (NYSE: MEG) hat Origins Laboratory, ein führendes Umweltprüflabor in Denver, Colorado, übernommen. Dieser strategische Schritt erweitert die Präsenz von Montrose in der Rocky-Mountain-Region und stärkt das Segment Messung und Analyse. Origins, gegründet im Jahr 2006, hat sich auf Wasser-, Boden- und Luftkontaminationsprüfungen für Öl- und Gaskunden spezialisiert und bietet fortschrittliche Dienstleistungen wie VOC-Luftanalysen und PFAS-Messungen an.
Die Übernahme ermöglicht es Montrose, integrierte Umweltlösungen in der Region anzubieten, indem Labordienste mit bestehenden Angeboten kombiniert werden. Die schnellen Durchlaufzeiten von Origins, einschließlich der Bereitstellung von Ergebnissen am selben Tag, ermöglichen signifikante Kosteneinsparungen für die Kunden durch schnellere Sanierung und verbesserte Projekteeffizienz. Dieser Schritt steht im Einklang mit Montroses Engagement für reaktionsschnellen, kundenorientierten Service und positioniert das Unternehmen, um den sich entwickelnden regulatorischen Anforderungen im Umweltsektor gerecht zu werden.
- Strategic expansion of Montrose's laboratory services in the Rocky Mountain region
- Integration of Origins' specialized testing capabilities, including VOC air analysis and PFAS measurement
- Potential for increased cost savings and efficiency for clients through rapid turnaround times
- Enhancement of Montrose's integrated environmental solutions offering
- None.
Insights
The acquisition of Origins Laboratory by Montrose Environmental Group (NYSE: MEG) represents a strategic expansion in the Rocky Mountain region. This move strengthens Montrose's Measurement and Analysis Segment, particularly in environmental testing services. While financial terms weren't disclosed, the deal likely enhances Montrose's revenue streams and market share.
Key benefits include:
- Expanded service offerings in a growing market
- Potential for cross-selling opportunities
- Improved operational efficiency through integration
The acquisition of Origins Laboratory significantly bolsters Montrose's capabilities in environmental testing, particularly in water, soil and air contamination analysis for the oil and gas sector. Origins' specialization in emerging contaminants like volatile organic compounds (VOCs) and per- and polyfluoroalkyl substances (PFAS) is particularly noteworthy.
This expertise positions Montrose to better address evolving environmental regulations and growing concerns over these persistent pollutants. The ability to provide rapid, same-day results is a competitive advantage, enabling quicker remediation efforts and improved project efficiency for clients. This acquisition aligns well with the increasing focus on environmental sustainability and regulatory compliance in the energy sector.
This acquisition strategically positions Montrose in the Rocky Mountain region's environmental services market. The move is timely, considering the growing emphasis on environmental monitoring and compliance in the oil and gas industry. By integrating Origins' specialized services with its existing portfolio, Montrose creates a more comprehensive, one-stop solution for clients.
Market trends supporting this acquisition include:
- Increasing regulatory scrutiny on environmental impacts
- Growing demand for rapid, accurate environmental testing
- Rising awareness of emerging contaminants like PFAS
Founded in
Origins is an established leader, providing accurate, reliable analytical results with quick turnaround times that include the capability for same-day results. Origins' ability to provide rapid results allows clients to achieve significant cost savings by facilitating faster remediation efforts, reducing time on site, and improving overall project efficiency.
The acquisition of Origins empowers Montrose to provide laboratory services in conjunction with other environmental solutions already offered to clients in the region, resulting in an integrated, differentiated solution suite to address clients' current and changing needs as regulations continue to evolve.
"Origins represents strategic growth within our laboratory services business line, further expanding our presence and existing service offerings in the Rocky Mountain states to meet growing customer needs in this important region," said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. "Origins shares our commitment to responsive, client-focused service, supported by timely and defensible analytical data. We extend our warmest welcome to David, Noelle and the entire Origins team."
Origins Laboratory's President, Noelle Doyle Mathis added: "We are delighted to join Montrose, an organization that is focused on innovation, technical excellence and continued growth. Together we will continue to provide our clients with the exceptional service they have come to know, while expanding service offerings through the network of Enthalpy labs and suite of additional Montrose services."
Aurum Capital Connect acted as lead financial advisor to Origins Laboratory. Steptoe & Johnson PLLC acted as legal advisor to Origins Laboratory.
About Montrose
Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today, and prepare for what's coming tomorrow. With ~3,400 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose 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 www.montrose-env.com.
Forward‐Looking Statements
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Contacts
Montrose
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Adrianne Griffin
(949) 988-3383
ir@montrose-env.com
Media Relations:
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(225) 955-1702
pr@montrose-env.com
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SOURCE Montrose Environmental Group, Inc.
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