SEATTLE (Recycling Monster): Momentum Environmental, LLC announced acquisition of Upstate New York-based leading environmental services provider T&R Environmental. The acquisition is expected to catalyze Momentum’s growth in the Northeast and Mid-Atlantic regions.
Momentum Environmental offers a wide range of services including waste processing, industrial cleaning, emergency response, and field services, through its multiple New York locations. The company is backed by middle-market private equity firm Nonantum Capital Partners.
Further to the acquisition, Brian Polmanteer, Founder, T&R will serve as Senior Vice President of Momentum. He brings decades of industry experience to the Momentum leadership team to further drive the company’s growth.
Commenting on the acquisition, Bill Hunter, CEO of Momentum noted that the company was attracted to T&R Environmental because of its exceptional team, strong growth trajectory, and best-in-class services across a variety of end markets. Momentum is excited to partner with the T&R Environmental team to build upon their success and expand its offerings to additional markets.
YOU MAY ALSO BE INTERESTED IN:
SES Announced Acquisition of Arrowhead Environmental Services