We congratulate our clients, SAGE Environmental, Inc. and SAGE EnviroTech Drilling Services, Inc. (known collectively as “SAGE”), on joining Terracon Consultants, Inc. ("Terracon"). The acquisition will allow SAGE to benefit from Terracon’s national resources and multidisciplinary services while enhancing Terracon’s capabilities in the Northeast.
Founded in 1995, the two entities of SAGE provide full-service environmental consulting and drilling services including assessment, site remediation, development, permitting, regulatory compliance, health & safety, environmental drilling, remedial injections, geotechnical drilling, rock coring, and construction verification coring. With approximately 35 employees, SAGE has offices in Providence and Pawtucket, Rhode Island. The firm brings a high level of environmental and drilling services expertise to Terracon in the Northeast.
Based in Olathe, Kansas, Terracon is an employee-owned consulting engineering firm specializing in environmental, facilities, geotechnical, and materials services. Terracon has more than 175 locations nationwide and over 6,000 employees. SAGE is Terracon’s second acquisition in 2024, and its 22nd since the beginning of 2017.
Matheson Advisors acted as Financial and M&A advisors initiating, negotiating, and managing the transaction on behalf of SAGE.
Matheson Advisors is an AEC-focused corporate finance and M&A advisory firm with a national presence and a 20+ year track record of working with AEC firms on business valuations, ownership transition programs, capital strategies, ESOPs, and mergers and acquisitions.
If you would like more information, the press release is located here.