Miller Environmental Group Expands Reach with Acquisition of ACE Environmental Services
Miller Environmental Group, a prominent name in environmental services, has announced the completion of its acquisition of ACE Environmental Services. This strategic move is likely to significantly enhance Miller's presence and service capabilities in the Mid-Atlantic region. ACE Environmental Services, known for its comprehensive environmental solutions tailored for commercial, industrial, marine, and residential clients, fits seamlessly into Miller's existing operational framework.
With the completion of this acquisition, Miller Environmental Group aims to capitalize on ACE's established reputation and expertise. Robb Schreck, CEO of Miller Environmental Group, highlighted the importance of this acquisition in strengthening their service offerings. He stated, "The acquisition of ACE truly enhances the breadth and depth of our Mid-Atlantic service offering. Beyond ACE's well-earned reputation for quality, responsiveness, and reliability, we are gaining a talented team and complementary capabilities that strengthen our ability to provide industry-leading service for our customers. This is just the beginning of our growth strategy."
The acquisition aligns with Miller's broader ambitions for growth and expansion. ACE's services bolster Miller's existing portfolio, allowing the combined entity to provide a more diverse range of top-tier environmental services. This is an important step toward building a more vertically integrated environmental services provider across the eastern part of the United States.
Tim Wise, General Manager of ACE, expressed enthusiasm about the merger, stating, "We are thrilled to join the Miller platform. We have tremendous respect for Miller's market position and operational excellence and could not be more enthusiastic about joining forces. The combination will allow us to better respond to our customers' environmental services needs while maintaining a great home for our hardworking team."
The acquisition was supported by Coalesce Capital, the private equity firm behind Miller Environmental Group. JJ Hearty, the Managing Director and Head of Business Development at Coalesce Capital, commented on the significance of this transaction, stating, "This transaction exemplifies our strategic vision to build a vertically integrated environmental services provider through disciplined consolidation. We are executing an ambitious acquisition roadmap to create unmatched capabilities across the eastern half of the United States."
Founded in 1971, Miller Environmental Group has established itself as a leading provider of waste, industrial, and environmental services across various sectors, including power utilities, transportation, retail, and manufacturing. With a robust network of waste treatment facilities and branches across the nation, the company has positioned itself strategically to offer its comprehensive services effectively.
As environmental concerns continue to grow, having access to reputable service providers like Miller Environmental and ACE Environmental Services ensures that businesses and consumers alike can maintain compliance with regulatory standards while minimizing their environmental impacts. This acquisition not only enhances the scope of services available but also represents a commitment to sustainable business practices and environmental stewardship.
As Miller Environmental Group embarks on this new chapter, stakeholders can expect a continuation of service excellence and commitment to environmental responsibility. With ambitious plans for future growth and development, the company is poised to play a crucial role in the evolving environmental services landscape in the years to come.
For more information about Miller Environmental Group and its new offerings following the acquisition of ACE, please visit their website at
www.millerenv.com.
Conclusion
Miller Environmental Group's acquisition of ACE Environmental Services is not just a merger of companies, but a significant step towards enhancing service delivery, meeting customer demands, and addressing pressing environmental challenges. As the industry evolves, strategic consolidations like this become key to driving innovation and maintaining high standards in the environmental services sector.