MEG - Montrose Environmental Group Seeks $160 Million U.S. IPO
Quick Take
Montrose Environmental Group (MEG) has filed to raise $160 million in an IPO of its common stock, according to an S-1/A registration statement.
The firm provides a range of environmental remediation and management services to industry.
MEG has a reasonable IPO valuation, potential for continued growth through acquisition and new organic opportunities as well as resilience to viral pandemic conditions, so the IPO is worth considering.
Company & Technology
Irvine, California-based Montrose was founded to provide environmental services through three business segments:
Assessment, Permitting and Response
Measurement and Analysis
Remediation