New York, NY – January 9, 2020 – GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce that its portfolio company, Miller Environmental Group Inc. (“MEG”), a leading provider of environmental and emergency response services in the Eastern United States, announced today that it has acquired Environmental Products & Services of Vermont, Inc. (“EP&S”or “the Company”). Headquartered in Syracuse, NY, EP&S is a leading provider of emergency response, remediation, and environmental services and operates across 17 service locations along the eastern seaboard from Vermont to Florida. MEG is majority-owned by New York-based GenNx360 Capital Partners, a leading private equity firm investing in industrial and business services companies, which invested in MEG in March 2019. The transaction closed on December 27, 2019. Terms of the deal were not disclosed.
The combined company will now have more than 350 employees and a footprint of 25 locations across the Northeast, Mid-Atlantic, and Southeast regions in addition to the ability to respond to emergencies on a national basis through its managed network of third-party emergency response vendors.
MEG President and CEO, Jerry Coogan, said, “We are very excited to have completed the strategic acquisition of EP&S and to partner with the talented professionals that built the EP&S organization. EP&S’ strong performance, reputation for excellence, and geographic footprint provide an amazing opportunity for MEG’s continued growth.” Mr. Coogan added, “This acquisition will immediately transform our business and will increase our ability to serve clients across the U.S. We look forward to providing best-in-class environmental services and emergency response solutions to MEG and EP&S customers across the country.”
Matt Guenther, the GenNx360 Managing Partner who led the transaction said, “We are excited to bring together two significant companies with industry-leading reputations. We expect the EP&S acquisition to be highly synergistic for MEG and continue to look for additional opportunities to expand MEG’s geographic reach, both organically and through additional acquisitions.”