Montrose Environmental Group Acquires Air Permitting and Compliance Services Provider Spirit Environmental, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Montrose Environmental Group (NYSE: MEG) has acquired Spirit Environmental, a provider of air permitting and compliance services. The financial terms of the deal were not disclosed. Spirit's senior leadership will join Montrose's Consulting and Engineering division.
July 08, 2024 | 11:01 am
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Montrose Environmental Group has acquired Spirit Environmental, which will enhance its air quality consulting services. The acquisition is expected to strengthen Montrose's position in the environmental solutions market.
The acquisition of Spirit Environmental will likely enhance Montrose's service offerings in air quality consulting, regulatory compliance, and environmental consulting. This strategic move is expected to strengthen Montrose's market position and could positively impact its stock price in the short term.
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