Angler Environmental Acquired by Resource Environmental Solutions
September 30th, 2016
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Angler Environmental by Resource Environmental Solutions (RES), a portfolio company of KKR. FMI Capital Advisors acted as the exclusive financial advisor to Angler Environmental for this transaction.
Angler Environmental will now be doing business as “Angler Environmental, a RES company” during a transitional integration period. Angler’s entire staff joins the RES team and will continue to operate office locations in Virginia, North Carolina, Maryland and Florida. Lee Goodwin and Don Seaborn join RES as general managers of the Mid-Atlantic Region.
“RES is excited to welcome the entire Angler Environmental team. Angler Environmental has a tremendous reputation in the water resource sector, delivering innovative solutions to preserve and protect watershed ecosystems,” said Elliott Bouillion, president and CEO, RES. “The addition of Angler bolsters RES’ ability to deliver comprehensive ecological solutions by integrating ecological construction, environmental inspections and maintenance, shoreline stabilization, stream design, and stormwater and TMDL compliance with RES’ current capabilities.”
“We are delighted to join RES,” said Lee Goodwin and Don Seaborn, founders of Angler Environmental. “From our initial meetings, we knew that RES and Angler had very similar cultures, with focused and aligned missions to supply industry-leading ecological solutions that resolve water resource challenges in our communities. Our team looks forward to joining forces with RES and providing customers with ecological solutions for wetlands, streams, species and water quality that facilitate project permitting, enable compliance and address enforcement needs.”
Angler Environmental provides state-of-the-art water resource and ecological restoration solutions across the Mid-Atlantic states. By combining professional offerings such as ecological feasibility, design, permitting and mitigation with implementation capabilities such as surveying, construction, monitoring and maintenance, Angler Environmental offers fully integrated services throughout the life of a project. For more information, visit www.anglerenvironmental.com.
Resource Environmental Solutions (RES) delivers commercial solutions that facilitate investment and sustainable economic development while maintaining responsible environmental stewardship. Since 2007, RES has restored, enhanced, rehabilitated, preserved and conserved more than 40,000 acres of wetlands, streams and habitats in environmentally sensitive areas. RES is a part of KKR's Green Solutions Platform, highlighting companies that drive meaningful business and environmental benefits. For more information, visit www.res.us.
About FMI Capital Advisors:
FMI Capital Advisors, a subsidiary of FMI Corporation, is a leading investment banking firm exclusively serving companies in Engineering and Construction, Infrastructure and the Built Environment. With over 600 completed transactions, our unique industry focus enables us to provide our clients with unparalleled insight and advice. Clients gain access to our extensive network of industry contacts and relationships, deep market knowledge and technical expertise.
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