Montrose Environmental Group Acquires Epic Environmental; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Montrose Environmental Group (MEG) has acquired Epic Environmental, an environmental science and engineering consultancy with offices across Australia. The terms of the acquisition were not disclosed.
February 01, 2024 | 9:01 pm
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Montrose Environmental Group's acquisition of Epic Environmental marks a strategic expansion into the Australian market, enhancing its global presence in environmental consultancy.
The acquisition of Epic Environmental by Montrose Environmental Group (MEG) is a significant move that expands MEG's footprint into the Australian market, potentially opening up new revenue streams and client bases. While the terms of the deal were not disclosed, such strategic acquisitions typically aim to enhance the company's service offerings and market reach, which could positively impact MEG's stock price in the short term.
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