Industry Focus: Asset Management, Environmental Engineering, and Consulting
Investment Bank’s Role: Buy-Side Advisor; Acquisition by Client
Statistics: $35 – $50 Million Revenue | 100 Employees | 7 Offices Nationwide
Result: Client Acquires SIA Solutions
Synopsis: On June 29, 2021, Client Acquired SIA Solutions to strategically enhance its growing Federal & Department of Defense Practice. SIA Solutions is an Energy Service Company (ESCO) that develops, designs, builds, and arranges financing for projects that save energy, reduce energy costs, and decrease operations and maintenance costs at their customers’ facilities. SIA provides Energy Audits, Energy Efficiency Measures, and Energy Savings Performance Contracts (ESPCs) for Federal Agencies. The Company’s Environmental Division offers Hazardous, Toxic, and Radioactive Waste Management Services. Additionally, it provides technologies and robotics services, such as strategy and program management support for technology-based solutions. The Company is Headquartered in Houston, Texas with Locations across the United States.
Speaking on the Merger, Client CEO/Chairman said together with “our similar leadership style, team culture, and entrepreneurial hunger, … you have two firms that make an unstoppable combination.