Private equity firm Sentinel Capital Partners (Sentinel) has acquired Apex Companies, a water resources, environmental services, and industrial hygiene firm.
Terms of the transaction have not been disclosed.
Apex offers comprehensive services to assess, prevent, and cure environmental issues related to water, ground, facilities, and air quality. Apex serves a large and diverse client base spanning both the public and private sectors and a broad range of end markets, including energy, industrial, manufacturing, real estate, retail, and telecom. Apex’s client-centric operating model, nationwide presence, and industry reputation as a leader in environmental compliance and risk management are the foundation of its impressive blue-chip client base and 30-year history. Apex services the entire environmental compliance and risk continuum with a team of over 700 geologists, hydrogeologists, engineers, air quality specialists, environmental scientists, information management experts, industrial hygienists, and field technicians.
“Apex is a leading growth platform in the highly attractive environmental services market,” says Michael Fabian, a Sentinel Partner. “With a highly capable, passionate management team and a dedicated team of employees, we believe Apex is well-positioned to continue its history of growth, both organically and through acquisition. We are extremely excited about the opportunity to partner with the Apex team.”
“Partnering with Sentinel provides us a tremendous opportunity to accelerate our growth, while preserving the agility and flexibility that is so highly valued by our clients and employees,” says David Fabianski, Apex CEO. “Our management team and staff are thrilled to be aligned with the team at Sentinel.”
Apex is Sentinel’s second acquisition in the environmental services industry. Sentinel previously invested in Trinity Consultants, a highly successful provider of air quality consulting and compliance services in the United States.
Houlihan Lokey served as financial advisor to Apex.
