Nolan & Associates is pleased to announce that it exclusively advised DESI Environmental in its sale to SET Environmental

St. Louis, MO (Sept. 1, 2010) – Nolan & Associates is pleased to announce that it exclusively advised DESI Environmental (DESI) in its sale to SET Environmental (SET).

Our Client: DESI Environmental

  • Founded in 1997, DESI is a leading provider of emergency response services in Indiana, Ohio, Illinois, Michigan and Kentucky.
  • The Company has developed relationships with its customers by providing a broad array of best-in-class Environmental Services including: Above Ground Storage Tanks, HAZMAT Response, BioHazard Response, Mercury Response, Blood Borne Pathogens, Probing, Confined Space Entry, Soil Testing, Drilling, Underground Storage Tanks, Emergency Cleanup, Vacuum Trucks, Groundwater Testing, Waste Disposal, Hazardous Waste Handling and Disposal and Waste Transportation.

Objectives of DESI Environmental

  •  DESI’s owner engaged Nolan to explore a sale to a strategic buyer that would benefit from the Company’s geographic position and existing environmental response infrastructure.
  • DESI offered a turn-key geographic expansion opportunity for existing environmental response companies seeking to expand into Indiana.
  • Management had successfully assembled a team of experienced emergency response professionals, strong customer relationships and an impressive fleet of equipment that would offer a buyer an entrée into a desireable geography boasting a high concentration of transportation, petroleum and power generation facilities.

Solution: Sale to SET Environmental

  • Out of the many potential acquirers assembled by Nolan, DESI ultimately chose to partner with SET Environmental.
  • SET is a $50MM provider of broad environmental management services to a nationwide client base.
  • SET’s Environmental Management Services include: Environmental Health, Environmental Remediation, Hazardous Waste Disposal, Hazardous Waste Management, High-Hazard Remediation, Industrial Cleaning and Decontamination, Laboratory Lab Pack, Mercury Decontamination Services, OSRO Response and Training.

Sell Side Process Results

  • SET presented both a financially attractive offer and the capability of advancing DESI’s service offerings to SET’s nationwide client base.
  • The Nolan sell side process created a sense of scarcity, competition and momentum, which convinced all potential buyers to put their best foot forward, delivering a desirable outcome for DESI’s ownership.

About Nolan & Associates

Nolan & Associates is a boutique investment banking firm providing Mergers & Acquisitions and Capital Raise advisory services to middle market business owners and buyers.  Founded in 1976, Nolan is broadly recognized as a leading investment banking firm with Midwestern roots and global reach.  The Nolan team has completed hundreds of transactions in the middle market while working collaboratively from its offices in St. Louis, MO and Decatur, IL.

Securities offered through Middle Market Transactions, Inc.  Member: FINRA/SIPC.

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