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Completed Transactions > Engineering, Contracting & Construction > Sundance Consulting Partners With True Environmental

Sundance Consulting Partners With True Environmental

Sundance Consulting

Date

Mar 2024

Region

Idaho

We are pleased to share that our client Sundance Consulting, Inc. has joined with True Environmental, Inc. (a portfolio company of Halle Capital). The partnership was formed on March 5, 2024.

Founded in 2005, the Sundance Consulting (Sundance) team of more than 70 professionals is a nationally recognized and award-winning environmental consulting firm with expertise in environmental assessments, natural and cultural resources, planning, compliance, and remediation serving federal, state, and local governments and agencies and commercial clients throughout the U.S. Sundance is located in Pocatello, Idaho.

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 to help provide 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 business and professional services. The firm partners with experienced management teams to build businesses in highly fragmented markets with durable secular tailwinds.

September Myres, Founder of Sundance, commented, "This partnership is a significant milestone in Sundance's continued evolution, supporting our vision of investing in our talented and dedicated people to better serve our clients. In True Environmental, we have found a group that shares our values, respects our culture, and is committed to supporting our customers."

Mark Rigatti, President of Sundance, said, "The infusion of expertise and capability from True Environmental will greatly strengthen and expand our service offerings and resources to our clients."

"Sundance has built a terrific company centered on deep employee engagement and exceptional client service within the federal sector. We look forward to working with September and the Sundance team to continue delivering best-in-class solutions to solve their clients' complex environmental challenges," said Jim Stamatis, CEO of True Environmental.

"We could not be more excited to partner with September, Mark, and the Sundance team to build on our strong foundation with last year's partnership with Matrix New World as we build a world-class environmental engineering and consulting firm," said Jay Abramson, Senior Partner at Halle Capital.

"We are fortunate to have assembled a seasoned management team at True Environmental, who will be great thought partners in helping the Sundance team achieve their long-term goals."

Generational Capital Markets’ Sr. Managing Director - M&A, Chris Heckert, with the support of Vice President, M&A, Nydia Blanco, successfully worked on the partnership. Executive Managing Director Rick Buchoz established the initial relationship with Sundance.

“I am incredibly excited by this partnership. I think both teams bring a lot to the table and will help supercharge the combined growth,” said Heckert.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Engineering, Contracting & Construction M&A Deals page.

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