News & Media

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ENPRO and TMC Announce Merger to Create a Premier Environmental & Industrial Service Company

Salisbury, MA and Franklin, MA, May 7, 2015 – TMC Environmental dba TMC Services, Inc. of Franklin, MA (TMC) and ENPRO Services, Inc. of Salisbury, MA and its related entities, ENPRO Services of Vermont, Inc., ENPRO Services of Maine, Inc. and Terralink Software Services, Inc. (ENPRO) announced today that they have entered into a definitive agreement under which a newly formed parent company, ENPRO Holdings Group, Inc. (EHGI) has acquired all outstanding shares of the named companies in a stock transaction valued at approximately $20.0 million. This combination reflects both companies’ commitment to drive sustainable growth, creating one of the region’s leading environmental & industrial service providers.  EHGI will maintain its operating locations throughout the northeastern United States and Florida.

This merger brings together two of the region’s leading mid-size environmental & industrial service firms who maintain strong market positions in complimentary areas.  Each of the operating entities will realize increased availability of equipment, personnel and capital to respond to the ever changing marketplace needs while gaining improved efficiencies through utilization and response time.  The combined company expects to: drive client satisfaction and retention, penetrate new markets and grow through its bolstered service offerings and geographic coverage. 

Highlights of the Transaction

This merger quickly produces

  • A team of over 250 experienced environmental professionals, significantly improving our ability to identify, win, and successfully implement routine and emergency projects
  • An expanded modern fleet of company-owned remediation and waste management equipment to more effectively serve existing and new clients
  • Increased geographic coverage with 9 offices and 2 TSDFs thoroughly covering the Northeast and providing the opportunity to expand into the Mid-Atlantic and Southeastern States
  • A greater number of service lines, including Asbestos Abatement, Marine and Industrial Services, Disaster and Emergency Response, Site Remediation, Petroleum and Chemical Storage Tank Services, Specialty Lab-Pack Services and Waste Transportation and Disposal
  • Industry specific software sales and support for facility inventory and tracking of oil and hazardous waste shipments
  • A platform grade company with combined revenues of $50.0M

Additional Information

Matthew Clark will serve as the President and CEO and David Cowie will serve as the Chairman and COO of the combined company which will operate under the ENPRO name. EHGI’s board of directors will have 7 members, which includes the four shareholders, the CFO and two outside directors who will be selected at a later date.

Pierce Atwood LLP and Burns & Levinson LLP are acting as its legal advisors, Marcum LLP is serving as the company’s independent auditing firm and Citizens Bank, N.A. holds its primary banking relationship.

Public Relations, Marketing & Contact Information

Over the course of the remainder of the year, the new corporate logo and branding will be introduced to the public. In the interim, the existing logos, branding and websites will remain.   www.tmcenvironmental.com and www.enpro.com

Human Resources – Laura Gaspa (lgaspa@enpro.com)

Sales Operations – Sarah Mitchell (smitchell@enpro.com)

Marketing –     Nikki Mottla (nmottla@enpro.com)

Financial Relations – Gordon Lewis (glewis@enpro.com)

Public Relations – Geoff Brown (gbrown@enpro.com)

Download Full Press Release

News & Announcements

2015 Energi Summit

Dr. Condoleezza Rice, former Secretary of State, and 3-time Super Bowl Champion Matt Light were just a few of the highlights from this year’s Energi Risk Management and Insurance Summit in National Harbor, MD, outside Washington D.C. last week. We were proud to be one of only three Gold sponsors for the event. Energi is not only our insurance provider, we are the environmental services company they turn to for projects in the Northeast.

As a Gold sponsor, the new ENPRO logo was included on all guest hotel keycards at the Gaylord National Resort and Conference Center. We also hosted the Awards Ceremony after party at the conclusion of the event, so there were many opportunities for attendees to view our logo learn all about the TMC/ENPRO merger.

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Topics over the course of the conference included risk management, the future of the energy industry, women in leadership, and even a discussion led by Boston Athletic Association Director Tom Grilk. He recounted the 2013 Boston Marathon bombing, delving into the importance of preparing and training crisis management teams.

With 1100 attendees for this summit, our booth was always busy. Each person who visited our booth had an opportunity to win a Lenovo Laptop with our raffle.  Frederick C. Johs, of Lewis Johs Avallone Aviles, LLP in New York, was the winner of a new laptop computer from our booth after his business card was selected from our free drawing.

It was an honor to be included as a sponsor, to strengthen our mutually beneficial relationship with Energi, and engage in the workshops as a strategic partner for environmental concerns.

View the Press Release Here

The New Look Of ENPRO: Check Out Our New Logo!

Since we announced our intention to merge in May of 2015, ENPRO and TMC have brought together resources, experience and people to form a premier environmental and industrial services company.  The company currently spans eight states, with twelve Service Centers and two Treatment, Storage and Disposal Facilities.  In just four months we have successfully completed hundreds of projects throughout the Northeast together.  Now, we would like to share the new outward look of our company, together...small_JPEG.JPG

 

The blending of the ENPRO name with the TMC logo and colors symbolizes how effectively our companies have come together.  Drawing elements from both of our legacy companies, our new name and logo will be familiar to all of our employees, customers and peers.  It signifies an exciting partnership based on years of high quality service, moving forward into the future as one strong, successful company.  We're excited to share it with you!  

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Social Networking

ENPRO values its connections with others in the environmental industry, clients, friends, and those who are interested in learning more about TMC. Please take a moment to join us on our social networking sites where you can find discussions, job posts, and industry-related topics.

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