Acquisition Expands Geographic Footprint, Air Quality Consulting Service Capabilities
(LAFAYETTE, La.) – ATC Group Services LLC (“ATC”), a leading full-service environmental consulting and industrial hygiene firm headquartered in Lafayette, today announced that it has acquired Sage Environmental Consulting, a recognized leader in environmental engineering and technical consulting services focused primarily on providing air quality, due diligence and emission reduction credit consulting. ATC is owned by a group of investors led by Bernhard Capital Partners, an operationally-focused private equity firm dedicated to investing across the energy services spectrum. Terms of the transaction were not disclosed.
Headquartered in Austin, Texas and founded in 1998, Sage has more than 200 employees across 24 offices strategically located throughout the United States. The company provides regulatory compliance, permitting and remediation assistance, as well as a range of environmental programs, including air quality, water quality, hazardous and solid waste, hazardous materials and petroleum storage activities.
ATC’s CEO Bobby Toups said, “We are delighted to welcome the Sage Environmental team to the ATC family. We look forward to leveraging their unique experience and expertise in air quality and control, leak detection and repair services, which will be a natural complement to ATC’s work within the environmental services market. By joining together, we will be better positioned to continue serving our customers and drive growth.”
As a result of the acquisition, ATC will grow to more than 1,500 employees nationwide, significantly expanding its technical capabilities in air quality.
Sage, which has been included five times on the Inc. 5000 list of the fastest-growing private companies in the United States, will be renamed “Sage ATC Environmental Consulting.” Chairman Steve Probst will continue in his current role, and Sage will remain headquartered in Texas.
Mr. Probst said, “We are thrilled to join ATC, which has long been regarded as one of the nation’s most respected multidisciplinary environmental consulting and engineering firms. We look forward to benefitting from ATC’s differentiated network of global subject matter experts as we work to best serve ATC and Sage clients.”
About Sage Environmental Consulting
Sage provides a broad range of air permitting, regulatory compliance, due diligence, flares, tanks, BWON, fence line monitoring, information collection request, and process safety consulting services to the refining, petrochemical and related industries. Sage Environmental has always been and will remain focused on exceeding customer expectations. More info at www.sageenvironmental.com.
About ATC Group Services LLC
Established in 1982 in Sioux Falls, South Dakota, ATC Group Services LLC provides environmental consulting, industrial hygiene, geotechnical engineering, government services and construction-materials testing and special inspection with 70 locations throughout the United States and over 1,350 employees. ATC nurtures strong client relationships and referrals by consistently exceeding expectations through its professional, well trained, well-equipped and highly motivated team. Learn more at www.atcgroupservices.com.
About Bernhard Capital Partners
Bernhard Capital Partners is an energy services-focused private equity firm established in 2013 by Jim Bernhard, Jeff Jenkins and a team of experienced private equity professionals. BCP seeks to create sustainable value by leveraging its founding partners’ 25 years of experience in acquiring, operating and growing energy services businesses. From strategic industry insight to operational efficiencies and best-practice management, BCP provides resources far beyond its investments. Visit www.bernhardcapital.com to learn more.
ATC Group Services LLC, CEO