Etech Environmental & Safety Solutions
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Etech Environmental & Safety Solutions - overview
Established
2003
Location
-, TX, US
Primary Industry
Business Support Services
About
Etech Environmental & Safety Solutions specializes in environmental consulting and remediation services, ensuring regulatory compliance and promoting safe practices for diverse industries across the United States. Etech Environmental & Safety Solutions was founded in 2003 in Midland, US, providing environmental consulting and remediation services. The company has engaged in 2 deals, with the most recent deal occurring on September 1, 2023. In this deal, KLH Capital, alongside the company’s management, acquired a majority stake from Basin Environmental Service Technologies LLC, Taglich Private Equity, and B2 Partners.
The financial details of the deal remain undisclosed. Etech Environmental & Safety Solutions, Inc. specializes in providing comprehensive environmental consulting and remediation services. Their core product offerings include environmental site assessments, soil remediation, and groundwater remediation, addressing various environmental concerns faced by industries.
They serve private individuals, local businesses, and major players in the oil and gas sector with tailored solutions. The company operates across Texas, Louisiana, New Mexico, Colorado, and Oklahoma, catering to urban areas such as Dallas, Fort Worth, and Houston. Etech Environmental & Safety Solutions, Inc. generates revenue primarily through service contracts and project engagements.
Revenue transactions involve direct agreements for environmental assessments and remediation projects, with clients paying for services based on project scopes. The company often partners with oil and gas companies and municipalities, establishing pricing structures based on project requirements, which may include flat fees or hourly rates for remediation efforts. Following the acquisition on September 1, 2023, Etech Environmental & Safety Solutions plans to leverage the new capital to accelerate growth and enhance service offerings across the United States. The company is actively designing new products to expand its portfolio and is targeting further market penetration in regions such as the Midwest and Southeast by 2024.
The acquisition is expected to fuel these initiatives and support the company’s strategic expansion.
Current Investors
Basin Environmental Service Technologies LLC
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Corporate Law, Equipment Rental & Leasing, Construction, Environmental Services
Website
www.etechenv.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Etech Environmental & Safety Solutions - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Etech Environmental & Safety Solutions | - | ||||||||
| Add-on | Completed | Etech Environmental & Safety Solutions | - |
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