Paragon Soil & Environmental Consulting, Inc. joins Montrose Environmental Group, Inc.

May 31, 2024

F&M Management Ltd. (F&M) extends its congratulations to Paragon Soil & Environmental Consulting, Inc. (Paragon) on finalizing their transaction with Montrose Environmental Group, Inc. (Montrose) (NYSE: MEG). Serving as Paragon’s M&A advisors, F&M has been proud to play a role in this significant step in Paragon’s future growth and expansion under Montrose’s North American footprint. We wish our client every success in their forthcoming endeavors at Montrose. This partnership between Montrose and Paragon represents a promising future for the combined entities in western Canada.

About Paragon

Paragon Soil & Environmental Consulting is a consulting firm that provides services for clients in the oil sands, pipeline, mining and power sectors. Headquartered in Edmonton, Alberta, Paragon’s work spans across western Canada, further bolstering Montrose’s current presence in the region while adding additional environmental expertise in select soil and reclamation services, in particular.

The acquisition of Paragon also includes Paragon’s active limited partnership, Paragon Infinity. The limited partnership is operated in conjunction with Infinity Métis Corp., a wholly owned Indigenous corporation with the McMurray Métis Local 1935 in the Wood Buffalo region in northeast Alberta.

About Montrose

Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what’s coming tomorrow. With ~3200 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve.

About F&M Management Ltd.

Established in 2010, F&M has emerged as the premier corporate advisory and management consulting firm serving the environmental and engineering sectors in Canada. With a proven track record, F&M has successfully facilitated numerous Mergers and Acquisitions in the environmental consulting domain. Additionally, our expert guidance on management buy-outs and buy-ins has helped clients achieve their financial and corporate objectives.

F&M is also proud to have founded CE3C – the only executive level conference specifically tailored for the environmental and engineering consulting sector in Canada. Visit our website at www.ce3c.ca to learn more. This conference offers a unique platform where industry executives convene to discuss pivotal issues shaping our sector. Further extending our services, we have an affiliated company, Meridus Management Ltd. (www.meridus.com). Meridus delivers top-tier online project management training courses, tailored for industry professionals, to fortify their skills and enhance their knowledge.