Consulting M&A (CM&A), a London-based mergers and acquisitions advisory agency, has supported Sitka Technology Group, a Portland, OR-based environmental expertise firm, with its sale to Environmental Sciences Association (ESA).
Founded in 2008, Sitka develops and manages information infrastructure for conservation, restoration, and sustainable growth. The agency presents companies and options in knowledge programs evaluation, design, growth, implementation, and administration.
As a part of the merger, Sitka’s 36 professionals will be part of ESA and type a brand new expertise companies observe.
ESA was based in 1969 and is headquartered in San Francisco. The employee-owned agency has a staff of greater than 550 individuals throughout the West Coast and Southeast areas delivering companies in environmental planning, design, allowing, mitigation, and habitat restoration.“Joining forces with ESA is a pure match for the Sitka staff, constructing on our shared values that embrace dedication to innovation, shopper service, caring for our individuals, and making a constructive distinction on the planet,” stated Matt Deniston, co-founder of Sitka, who will be part of ESA alongside co-founders Brian Knowles and Keith Steele as VPs within the expertise companies observe. Deniston will function observe chief.
Sitka and ESA collaborated on a number of tasks prior to now three years, together with work for the California Department of Water Resources and Los Angeles World Airports.
“The capacity to successfully use expertise to seize and analyse massive and sophisticated units of knowledge is crucial in serving to our shoppers make choices and talk clearly with stakeholders,” stated Mike Leech, ESA Vice president and expertise companies director. “We have made vital strides in these areas, and the combination of Sitka vastly accelerates our purpose of being a frontrunner on this area.”
CM&A offered sell-side assist to Sitka on the transaction, for which monetary phrases weren’t disclosed.
CM&A’s staff of 4 companions – Bruce Ramsay, Harry McDermott, Cian O’Connor, and Ed Groome – focus on serving to IT companies and consulting corporations develop their worth pre-deal and understand most worth within the sale course of. The CM&A staff has in depth expertise in consulting, IT, and finance – having held roles in supply, enterprise growth, management, and transactions.
Since its founding in 2019, the agency has suggested greater than 100 consultancies on worthwhile progress and efficiently delivered 25+ transactions – together with seven in 2021.