Montrose Environmental Group Acquires Paragon Soil & Environmental Consulting; Terms Not Disclosed

(RTTNews) - Montrose Environmental Group, Inc. (MEG), an environmental solutions company, Wednesday announced the acquisition of Paragon Soil & Environmental Consulting, Inc., an environmental consulting firm in Canada.

Financial terms of the transaction were not disclosed.

Montrose said Paragon's senior leadership team, including President Lee Waterman, will join Montrose's Consulting and Engineering services within the company's Remediation and Reuse segment.

"Lee and his team provide an expansion of our current environmental consulting and engineering services in Canada, while strengthening our support of clients in the energy and energy transport sectors," said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group.