Brown Gibbons Lang & Company (BGL), announced the sale of Environmental and Occupational Risk Management, Inc. (EORM or the Company) to UK-based BSI Group (BSI). BGL's Environmental and Energy Services team served as the exclusive financial advisor to EORM. The specific terms of the transaction were not disclosed.
Founded in 1990, EORM is recognized as a leading pure-play Environmental, Health and Safety (EHS) consultancy. The Company provides EHS consulting to a broad base of global clients in the technology, construction, healthcare, and energy sectors. EORM's services, which include EHS supply chain consulting and EHS management consulting, EHS on-site compliance, environmental permitting, industrial hygiene, safety, ergonomics, EHS training, and asbestos/lead/mold, help its clients satisfy expanding regulatory requirements and assist in abating brand management risks associated with EHS issues. Glenn Fishler, co-founder and CEO of EORM, commented, "Together, EORM and BSI have multiplied our capabilities, expertise, service offerings, and geographic reach creating a consultancy that is uniquely qualified to help our clients improve performance, reduce risk, and achieve sustainable growth." For more information on EORM, please visit www.eorm.com.
The British Standards Institution d/b/a BSI Group, was the world's first National Standards Body and a founding member of the International Organization for Standardization (ISO). BSI helps draft and market international specifications and guidelines, such as ISO standards, offers certification services to customers in more than 120 countries, and tests products and provides safety training in aerospace, automotive, built environment, food, healthcare, and ICT end markets. BSI was founded in 1901 and is based in London, United Kingdom. It also has operations in the Asia Pacific, Europe, the Americas, the Middle East, and Africa. For more information, please visit www.bsigroup.com .
Effram Kaplan and Casey Sears led the BGL transaction team.
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in consumer products & retail services, energy & environmental services, healthcare & life sciences, human capital management outsourcing, industrials, metals & metals processing, plastics & packaging, and real estate.