Momentum Environmental Announces Acquisition of T&R Environmental

SEATTLE (Waste Advantage): Momentum Environmental, LLC, a vertically integrated environmental services platform, announced the acquisition of T&R Environmental, a leading provider of environmental services based in Upstate New York. The acquisition, made alongside T&R Founder Brian Polmanteer, will catalyze Momentum’s growth in the Northeast and Mid-Atlantic regions “We were attracted to T&R Environmental because of its exceptional team, strong growth trajectory, and best-in-class services across a variety of end markets,” said Bill Hunter, CEO of Momentum. “We are excited to partner with the T&R team to build upon their success and expand our offerings to additional markets.”

Momentum is focused on building a differentiated provider of mission-critical environmental services, including waste processing, industrial cleaning, emergency response, and field services. Momentum operates multiple locations in New York and is backed by middle-market private equity firm Nonantum Capital Partners.

Founded in 2009 and headquartered in Bath, New York, T&R provides a full suite of environmental services. Momentum and Nonantum became the partner of choice for T&R given Bill’s deep industry experience and Nonantum’s successful track record of partnering with founder-owned businesses. As part of the acquisition, T&R Founder Brian Polmanteer will serve as Senior Vice President of Momentum. “We chose to partner with Bill and Nonantum because of their industry expertise, experience scaling similar businesses, and strong cultural fit,” said Polmanteer.

Hunter and Polmanteer bring decades of industry experience to the Momentum leadership team to spearhead its growth. Most recently, Hunter served as CEO of Terra Nova Solutions, a vertically integrated provider of environmental solutions based in North Carolina. Polmanteer has led T&R to become a key player in the New York environmental industry, expanding its suite of services across the manufacturing, utilities, and public sector end markets.

“We are excited to partner with Bill and Brian to build the Momentum platform,” said Jon Biotti, Managing Partner of Nonantum. “Momentum’s services are critical to its customers and local communities. With this acquisition, we look forward to continuing T&R’s track record of excellent service while broadening Momentum’s operational footprint and service offerings.”

Courtesy: www.wasteadvantage.com