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Verdantas Acquires Jm Sorge, Strengthens Environmental Assessment And Remediation And Environmental Health And Safety Services

Sep 07, 2022over 3 years ago

Acquiring Company

Verdantas

Acquired Company

JM Sorge

TampaConsultingEnvironmental ConsultingConsulting

Description

Verdantas, a private-equity backed solution provider of engineering, planning, and science services to clients in the natural and built environments, announced today that it had acquired JM Sorge, Inc. (JM Sorge), a provider of Environmental Assessment and Remediation (EAR) and Environmental Health and Safety (EHS) consulting services. JM Sorge strengthens Verdantas’ position with Real Estate, Water, and Government clients.

Company Information

Company

Verdantas

Location

8306 Laurel Fair Cir

Tampa, Florida, United States

About

Verdantas is a leader in digitally enabled technical consulting solutions for the environment, water, and energy transition markets. Blending balanced strengths in environmental and engineering expertise, we partner with clients and communities to create comprehensive solutions that contribute to a sustainable future. With a team of over 2,100 professionals nationwide, we harness diverse skills and innovative technologies to address complex challenges, protect vital resources, and foster resilient communities.

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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