Impactful strategic guidance for the circular economy

Based in Odessa, Texas, and established in 2003, eTech is a leading environmental remediation business providing regulatory mandated environmental consulting, soil sampling & testing, remediation, waste management, and long-term compliance services to a large base of blue-chip customers in the upstream, midstream, government, and industrial end markets throughout the Permian Basin. With over 125 skilled environmental technicians and professionals in the field, a top-tier safety record, and a robust portfolio of Master Service Agreements, the Company’s services allow them to work in a diverse array of environmental disciplines, including soil and groundwater testing, remediation, asbestos, mold and lead consulting, federal and state permitting assistance, and a broad range of compliance support. The partnership with KLH will enable the Company to accelerate its growth and continue to expand its service offerings throughout the United States.

Through its subsidiaries, Matrix is a leading North American industrial engineering, construction, and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea. The Company provides services in three key operating segments: utility and power infrastructure, process and industrial facilities, and storage and terminal solutions.

Founded in 1986 and headquartered in Baytown, Texas, EMSI is a leading environmental services company providing emissions leak detection and repair services. The Company designs and administers programs necessary for client compliance with a complex array of federal, state and local environmental regulations. EMSI employs more than 300 technicians within some of the largest refineries, petrochemical, natural gas processing, oil and gas pipeline, and specialty chemical plants in the United States. It serves more than 150 facilities in 38 states across the nation, with a leading presence in the Gulf Coast region.

TriStar Global Energy Solutions, one of the leading hydrocarbon cleaning and decontamination companies in the U.S., elected to divest two subsidiaries: TriStar PetroServ and Global Vapor Control (collectively referred to as TriStar Tank Services). TTS provides specialized services focused on technical tank cleaning and degassing in refineries and midstream facilities in the Gulf Coast and throughout the United States.

Tanknology is the largest provider of environmental compliance testing and inspection services for retail fuel providers in the United States. Headquartered in Austin, Texas, the Company services more than 50,000 petroleum fueling and storage facilities per year, offers more than 30 compliance-related service offerings and holds 22 patents for leak detection and tank monitoring technology. Internationally, Tanknology licensees span more than 30 countries, providing services to the largest petroleum operators in the world.

Founded in 1979 and headquartered in Seattle, Global is an international leader in the marine services industry with decades of experience managing complex, critical, and technical projects in and around the water. Operating in some of the most challenging environments, the Company’s skilled and seasoned professionals offer clients five core services: marine construction, casualty response, environmental services, commercial diving, and energy services. The Company has six locations in the western U.S. and serves clients both domestically and abroad. Global will continue to operate under its current brand as a wholly-owned subsidiary of MER.

Perennial, a provider of environmental consulting and inspection services, specializes in the preparation of environmental documents that comply with the National Environmental Policy Act (NEPA) and other federal, state, and local environmental laws and regulations. The Company’s capabilities include complete surveys and evaluations for biological and physical resources, cultural resources, and other environmental studies and inspections essential to ensuring environmental compliance. Perennial’s team of biologists, scientists, toxicologists, and environmental professionals provides technical environmental solutions and management with fresh perspectives and unparalleled efficiency.

Headquartered in Austin, Texas since its formation more than 25 years ago, Flare Industries is an industry leader in the design, manufacture and installation of combustion and pollution control technology and equipment. Through its offices in the United States, Canada, United Kingdom, United Arab Emirates and Singapore, Flare delivers high-quality flare systems, thermal oxidizers and ignition systems to clients in a range of industries worldwide. Flares are devices which burn, combust, or oxidize industrial gaseous wastes in a safe, controlled and efficient manner.