ADEC Innovations Acquires Cameron-Cole
ADEC Innovations, a recognized global leader in designing, developing, and delivering solutions and services in critical areas of sustainable development, announced it has completed its acquisition of Cameron Cole, LLC, a full-service environmental services and regulatory compliance consulting firm with nationwide operations in the United States.
Zweig Group, a full-service AEC management advisory firm, represented buying firm ADEC Innovations in this transaction. John Bray, an advisor with Zweig Group’s M&A team, served as the company’s lead advisor on the engagement, working alongside managing principal Jamie Claire Kiser and senior analyst Drake Hamilton.
“It was clear from the onset that these were two firms that identified with one another culturally, and this partnership will provide opportunities to both sides that previously weren’t available,” Bray said. “We are excited to see how Cameron-Cole and ADEC Innovations will work together to continue building a sustainable future for their clients.”
With this acquisition, ADEC Innovations expands and extends its pure-play environmental and sustainability consulting business, currently operating under the brand names of FirstCarbon Solutions and ADEC Innovations ESG Solutions. Cameron-Cole brings full-service remediation, compliance and permitting, due diligence, waste, groundwater, wastewater, and hydrogeological services. The addition of Cameron-Cole increases ADEC Innovations’ depth and reach in environmental and regulatory compliance, air quality and greenhouse gas services, and environmental assessments.
“Zweig Group was instrumental in identifying companies that were a cultural match and extended ADEC Innovations geographic reach, technical expertise, and leadership depth,” said James M. Donovan Global CEO ADEC Innovations. “When Zweig Group introduced ADEC Innovations to Cameron-Cole, we immediately recognized how both companies would be able to expand our Environmental, Social and Governance (ESG) solutions and service offerings and further advance sustainable business and operational practices across the United States – and around the world.”
While Cameron-Cole will continue its commitment to provide critical environmental compliance services to its clients, it will now expand its geographical reach beyond the United States. Further, it will have seamless access to ADEC Innovations’ software and data management and processing capabilities that will enable it to provide more extensive and effective client solutions to its clients. Cameron-Cole’s suite of products and services will now include California Environmental Quality Act and National Environmental Policy Act compliance, climate change, life cycle assessments, and sustainability consulting.
As a result of this latest investment, ADEC Innovations expands its United States office presence to Colorado and Florida. Cameron-Cole employees will join the 4,500 strong workforce that ADEC Innovations has across 24 sites located in 17 countries across six continents.
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