Generational Equity, a leading advisor to privately held and family-owned businesses for mergers, acquisitions, strategic growth initiatives, business valuation and exit planning announced the acquisition of its client, Hoefler Consulting Group, Inc. (HCG) headquartered in Anchorage, Alaska to SLR International Corporation, a U.K. based environmental consultancy, with its U.S. operations based in Bothell, Washington. The transaction closed July 1, 2010.
HCG has offices in Fairbanks, Portland and Seattle. The company is a leading provider of air quality permitting and compliance, and land quality services. The acquisition represents a further milestone in the Group’s stated strategy of augmenting organic growth by the selective acquisition of high caliber companies to strengthen and extend its technical and geographic coverage. HCG is an employee-owned company, which was established in 1995 by Brian Hoefler, who remains with SLR. The combination of expertise will result in a total of eighty Alaska based employees and will allow SLR to further extend their industry leading expertise to clients in Alaska and throughout North America, Europe and Australia. SLR has nine hundred employees based in sixty offices around the world with threehundred employees in North America working from twenty-five offices in the U.S. and Canada.
Key areas of SLR’s business are the energy and mining sector where it is involved with both the oil and gas industry and renewable power including wind, energyfrom- waste, hydropower and biomass. SLR is also the leading consultant to the waste management industry in Europe and undertakes a significant amount of planning and environmental impact assessment work for major commercial developers. Having recently completed the acquisition of Heggies, a one-hundred and forty person environmental consultancy in Australia, the Group is well positioned to expand Hoefler’s technical expertise across North America, Europe and Australia.
Kevin Rattue, who oversees SLR's North American operations stated, "We are delighted to announce the completion of this acquisition which, in line with our strategy, will significantly expand our international footprint and deliver an increasing range of services to clients in our core business sectors. We are especially pleased to further diversify and expand our technical service offerings to clients that operate in cold region environments". Managing Director, Stephen Crisham and Assistant Vice President, Lori Galloway, led Generational Equity’s deal team in marketing and negotiating the deal team in marketing and negotiating the transaction.
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