Montrose Environmental Group Acquires Software Company Specializing in the Quantifying, Reporting and Visualizing of Environmental Data
August 09 2021 - 8:30AM
Business Wire
Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG)
today announced the acquisition of SensibleIoT, LLC (“Sensible”),
an IoT (“Internet of Things”) and software platform that interfaces
with multiple air, water and soil data sources to provide an
integrated environmental solution with advanced data analytics
capabilities. Terms of the transaction were not disclosed.
Founded in 2018 by Charles Beach, Sensible has helped private
and public sector clients visualize, calibrate and interact with
data to develop meaningful environmental insights.
“In combining Montrose’s environmental solutions with Sensible’s
platform, we are able to offer further integrated services and data
analytics that will help our clients meet their environmental
goals,” said Jose Revuelta, Chief Strategy Officer of Montrose
Environmental Group. “Charles has been successful in working with
various public-private partnerships, such as the City of Denver’s
Love My Air initiative, and he has developed several cutting-edge
environmental solutions for many of our clients. The application of
technology and software to the environmental industry is core to
our strategy, and we are excited to have Charles on our team so we
can further our mission of helping protect the air we breathe, the
water we drink and the soil that feeds us.”
About Montrose
Montrose is a leading environmental solutions company focused on
supporting commercial and government organizations as they deal
with the challenges of today, and prepare for what’s coming
tomorrow. With more than 2,000 employees across over 70 locations
around the world, Montrose combines deep local knowledge with an
integrated approach to design, engineering, and operations,
enabling the Company to respond effectively and efficiently to the
unique requirements of each project. From comprehensive air
measurement and laboratory services to regulatory compliance,
emergency response, permitting, engineering, and remediation,
Montrose delivers innovative and practical solutions that keep its
clients on top of their immediate needs – and well ahead of the
strategic curve. For more information, visit
www.montrose-env.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements may be identified by the use of
words such as “intend,” “expect”, and “may”, and other similar
expressions that predict or indicate future events or that are not
statements of historical matters. Forward-looking statements are
based on current information available at the time the statements
are made and on management’s reasonable belief or expectations with
respect to future events, and are subject to risks and
uncertainties, many of which are beyond the Company’s control, that
could cause actual performance or results to differ materially from
the belief or expectations expressed in or suggested by the
forward-looking statements. Further, many of these factors are, and
may continue to be, amplified by the COVID-19 pandemic. Additional
factors or events that could cause actual results to differ may
also emerge from time to time, and it is not possible for the
Company to predict all of them. Forward-looking statements speak
only as of the date on which they are made, and the Company
undertakes no obligation to update any forward-looking statement to
reflect future events, developments or otherwise, except as may be
required by applicable law. Investors are referred to the Company’s
filings with the Securities and Exchange Commission for additional
information regarding the risks and uncertainties that may cause
actual results to differ materially from those expressed in any
forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20210809005166/en/
Investor Relations: Rodny Nacier (949) 988-3383
ir@montrose-env.com
Media Relations: Doug Donsky (646) 677-1844
Montrose@icrinc.com
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