Alliance Holdings LLC, which is backed by Align Capital Partners, has acquired Cypress, California-based Almega Environmental, a provider of source emissions testing services. No financial terms were disclosed.
CLEVELAND and DALLAS, December 1, 2020 – Align Capital Partners’ (“ACP”) environmental services platform Alliance Holdings, LLC (“Alliance” or the “Company”) has acquired Almega Environmental (“Almega”). Almega provides source emissions testing (or stack testing) services including ambient air testing, on-site analysis and EPA compliance to the manufacturing, metals and renewable energy industries, among others.
Located in Cypress, California, Almega is a natural strategic fit for Alliance as the Company strengthens its presence in the Western United States. “Almega is excited to partner with Alliance as the Company’s first stack testing office in California,” said Almega President John Phillips. “We will continue to serve our clients in meeting their HSE (Health Safety and Environment) requirements as part of the Alliance brand moving forward.” Phillips joins the Company as a Regional Business Development Manager focused on customer sales.
Chris LeMay, CEO of Alliance said, “Alliance has been eager to find the right stack testing partner to expand in California and we found that with Almega. In partnership with John and the talented Almega personnel, we look forward to serving existing and new customers with our best-in-class systems and processes.”
With a national footprint of 18 offices across 11 states, Alliance has the technical expertise to serve a diverse range of end markets. Almega is Alliance’s seventh add-on acquisition since 2015 and fourth in 2020. The Company will continue to evaluate additional acquisition targets for its growing platform.
“With the addition of Almega in California, Alliance is now truly a national platform with offices from Alabama to Texas to California to Alaska to Pennsylvania and many states in between,” said ACP Managing Partner Rob Langley. “We are thrilled to continue to support the Alliance team as they build the Company to be the leading provider of environmental compliance services focused primarily on air emissions testing in the United States.”
Operating Partner Dave Perotti, Principal Jack Parks, Senior Associate Corey Roe and Associate Chris Collins worked alongside Mr. Langley on the transaction.
About Alliance Holdings, LLC
Headquartered in Decatur, AL, Alliance is the leading provider of air emissions testing and monitoring solutions to customers throughout the United States. With expertise in a variety of end markets, Alliance is uniquely qualified to provide customers with the highest quality testing solutions available to meet air compliance and risk reduction goals. For more information, please visit stacktest.com or alliance-em.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $775 million in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing / distribution and healthcare sectors. For more information, visit aligncp.com.