Verdantas Expands Northern California Footprint with MHM Acquisition
Deal News | Jan 09, 2025 | Sterling Investment Partners L
Verdantas, a digitally enabled technical consulting company focusing on environment, water, and energy markets and backed by Sterling Investment Partners, has acquired M-H-M, Inc. This acquisition reinforces Verdantas' presence in the Northern California water market and enhances its existing service offerings. M-H-M, based in Marysville, California, provides expertise in water supply, storage, and irrigation, among other areas. The acquisition will integrate MHM's capabilities in land development and surveying under Verdantas, allowing the company to broaden its engineering solutions and better serve clients amidst California's complex water resource challenges. Sterling’s support highlights their commitment to growing Verdantas' capabilities on the west coast.
Sectors
- Environmental Consulting
- Water Management
- Private Equity
Geography
- United States – Both Verdantas and MHM operate nationwide with specific focus on expanding services throughout Northern California and the Western United States.
Industry
- Environmental Consulting – The article discusses Verdantas' focus on providing technical consulting solutions for the environment, leveraging the acquisition to bolster these services.
- Water Management – Verdantas and MHM are enhancing expertise and service offerings related to water services, including supply, storage, and flood control.
- Private Equity – The acquisition is backed by Sterling Investment Partners, a private equity firm, which is expanding its portfolio through strategic investments.
Financials
- – The article does not specify the financial terms of the acquisition between Verdantas and M-H-M, Inc.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Verdantas | Acquiring Company | Company | A leader in digitally enabled technical consulting solutions across environmental, water, and energy markets. |
| M-H-M, Inc. (MHM) | Target Company | Company | A firm offering expertise in water services, land development, and surveying based in Marysville, California. |
| Sterling Investment Partners | Private Equity Firm | Company | A private equity firm supporting Verdantas' strategic growth and investments in the middle market. |
| Jesse Kropelnicki | CEO of Verdantas | Person | Leading Verdantas' strategic efforts and integration of MHM. |
| Sean Minard | President of MHM | Person | President focused on integrating MHM’s capabilities with Verdantas. |
| James Soldano | Partner at Sterling | Person | Supporting Sterling’s investment strategy and Verdantas’ acquisition of MHM. |