TAS Environmental Services acquires Environmental Concepts & Services
In a significant development in the waste management and environmental services sector, Blue Point Capital Partners and its portfolio company, TAS Environmental Services (TAS), have announced the acquisition of Environmental Concepts & Services (ECS). This move marks a strategic expansion for TAS Environmental Services, adding to its already comprehensive portfolio of environmental services.
Environmental Concepts & Services: Specialized Waste Management Provider
Based in Springfield, Tennessee, Environmental Concepts & Services has carved a niche as a specialized provider of waste transportation, non-hazardous waste treatment and disposal, and other industrial services, primarily catering to manufacturing and specialty chemical end markets. For over two decades, this family-owned company has upheld a commitment to eco-conscious practices, professionalism, integrity, and customer satisfaction, offering turnkey waste management solutions.
Environmental Concepts & Services Joins Forces with TAS Environmental Services Under Blue Point’s Expansion Strategy
TAS Environmental Services: A Leader in Environmental Services
TAS Environmental Services, headquartered in the Dallas-Fort Worth metroplex, is recognized as a leading provider of specialized environmental and industrial services across the Southern United States. With a reputation for customer care and operational excellence, TAS Environmental Services’ services span from industrial cleaning and hydro blasting to waste transportation and disposal, emergency response, and remediation.
Strategic Fit and Enhanced Capabilities
Sean Ward, Partner at Blue Point, emphasized that ECS’s integration into TAS Environmental Services is a perfect complementary fit, aligning well in culture, vision, and dedication to customer service. This partnership is set to enhance TAS Environmental Services’ operations, adding wastewater and waste treatment capabilities and reinforcing its position as a preferred provider in the environmental services sector.
Ongoing Expansion and Value Creation
Since partnering with Blue Point in May of 2019, TAS Environmental Services has made significant strides, with Environmental Concepts & Services being its fifth acquisition. Charley Geiger, Partner at Blue Point, highlighted the ongoing strategy of expanding TAS Environmental Services’ footprint and capabilities through strategic mergers and acquisitions, while maintaining a commitment to excellent service.
ECS and TAS: Serving a Broader Market
Environmental Concepts & Services serves a diverse customer base across Tennessee, Kentucky, Alabama, Georgia, and Indiana, complementing TAS Environmental Services’ extensive reach in the Southern United States and special projects coast to coast. The acquisition is poised to create a formidable player in the environmental services industry.
Blue Point’s Strategic Investment Philosophy
Blue Point Capital Partners, a private equity firm managing over $1.9 billion in committed capital, is known for its strategic investments in lower middle-market businesses. With a focus on building processes and capabilities for growth, Blue Point’s portfolio benefits from its unique capabilities in global supply chain, data and digital, and human capital strategies.
In summary, the acquisition of Environmental Concepts & Services by Blue Point and TAS Environmental Services represents a strategic move to expand and enhance environmental and waste management services. This collaboration signifies the growing importance of eco-conscious practices in the industry and Blue Point’s commitment to fostering growth and operational excellence in its portfolio companies.