Woodbridge International Closes Sale of Triton Environmental, Inc. to True Environmental, Inc.
22 May 2024 - 11:51PM
Woodbridge International, a global mergers and acquisitions firm,
is pleased to announce the acquisition of its client, Triton
Environmental, Inc. by True Environmental, Inc.
Founded in 1996, Triton Environmental provides environmental
consulting and engineering services to a diverse client base that
includes Fortune 500 companies as well as government, commercial,
and industrial clients. Triton is a multidisciplinary organization
that provides a diverse range of services to its clients. The
company’s wide range of expertise enables them to deliver
high-quality services that meet the unique needs of each
client.
The founder of Triton, Chris Marchesi (who will remain with True
during a transition period as Triton’s CEO), has expressed his
enthusiasm for the company’s partnership with True Environmental,
stating “Today marks a significant milestone in Triton's continued
evolution. The partnership is aimed at investing in Triton's
talented and dedicated people, with the goal of better serving
clients. True Environmental is a group that shares Triton's values,
respects our culture, and is committed to supporting our
clients.”
True Environmental ("True"), backed by Halle Capital, is a
platform focused on building a consulting and engineering
organization for environmental end markets. True Environmental is
led by Jim Stamatis, former CEO of Louis Berger and 30+ year
industry veteran. True seeks to partner with founder and
employee-owned consulting and engineering firms, providing capital
solutions to accelerate growth and liquidity events for ownership
transition.
Halle Capital is a lower-middle market, growth-oriented private
equity firm based in New York. Halle leverages the experience and
network of its professionals to pursue investment opportunities in
healthcare services and business/consumer services.
Woodbridge International’s ground-breaking approach to marketing
a company globally has transformed the way the sell-side M&A
Industry does business.
For more information, please contact Don Krier at
dkrier@woodbridgegrp.com or call 203-389-8400 x201.