Paragon Soil & Environmental Consulting Joins Montrose Environmental Group

May 31, 2024 | M&A

F&M Management Ltd. announced that Paragon Soil & Environmental Consulting, Inc. finalized its transaction with Montrose Environmental Group, Inc. (NYSE: MEG). Acting as M&A advisors, F&M facilitated this acquisition, which strengthens Montrose’s North American operations.

About Paragon

Paragon Soil & Environmental Consulting provides services to oil sands, pipeline, mining, and power sectors from its Edmonton, Alberta headquarters, operating across western Canada. The company adds environmental expertise in soil and reclamation services to Montrose’s regional presence.

The acquisition includes Paragon Infinity, a limited partnership operated with Infinity Métis Corp., a wholly owned Indigenous corporation affiliated with McMurray Métis Local 1935 in northeast Alberta’s Wood Buffalo region.

About Montrose

Montrose is a leading environmental solutions company with approximately 3,200 employees across 100+ locations worldwide. The company provides air measurement, laboratory services, regulatory compliance, emergency response, permitting, engineering, and remediation solutions.

About F&M Management Ltd.

www.fmmltd.com

Established in 2010, F&M serves as a corporate advisory firm for Canada’s environmental and engineering sectors, facilitating numerous M&A transactions. The firm also founded CE3C, an executive conference for the environmental and engineering consulting sector, and operates Meridus Management Ltd., which provides online project management training.

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