St. Louis-based ButcherJoseph & Co. (ButcherJoseph) has successfully advised Environmental Restoration, LLC (Environmental Restoration) on a significant transaction, transitioning the company to employee ownership. This development was concluded on April 16, 2024. Environmental Restoration, established in 1997, has grown from its original founding six to a substantial nationwide presence with 24 locations. The company has garnered a reputable status in environmental remediation, securing various governmental contracts since its landmark deal with the United States Environmental Protection Agency (USEPA) in 2001. The sale to employees has been enthusiastically received by Managing Partner Mark Ruck, emphasizing the central role played by the workforce in the company’s success. Rick Hennessey, Director at ButcherJoseph, hailed the transition as reflective of strategic vision and a driver for future prosperity and an enduring legacy. Boasting robust expertise in ESOPs, capital advisory, and valuations, ButcherJoseph, which carries out operations from several U.S. offices, has facilitated yet another employee-centric transaction which is anticipated to foster an environment for shared success and employee enrichment.

Investment Banking and Brokerage Services, Environmental Services,United States

https://www.globenewswire.com/news-release/2024/04/29/2871231/21670/en/ButcherJoseph-Advises-Environmental-Restoration-on-a-Sale-to-Its-Employees.html