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Montrose Environmental Group completes acquisition of Two Dot Consulting, LLC to enhance environmental solutions in the Rocky Mountain region

Mar 01, 2024almost 2 years ago

Acquiring Company

Montrose

Acquired Company

Two Dot Consulting

Little RockArvadaConsultingRenewable EnergyOil And GasEnergy

Description

Montrose Environmental Group, Inc. (NYSE: MEG) has successfully acquired Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions. This strategic acquisition aims to enhance Montrose's service offerings in the region by integrating Two Dot Consulting's expertise in navigating complex regulations in oil and gas, renewable energy, and energy development into Montrose's Consulting and Engineering division, further strengthening its position in the environmental solutions industry.

Company Information

Company

Montrose

Location

Little Rock, Arkansas, United States

About

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 2,800+ employees across more than 80 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed