EFCG is pleased to announce that the sale of NewFields’ Environmental Division has been successfully completed. As a result, the NewFields Environmental team is now officially part of ERM.
- chan
- Apr 1
- 2 min read
ERM announced the successful completion of its acquisition of the Environmental Division of NewFields, a firm renowned for its expertise in strategic consulting, site investigation, and remediation. This acquisition significantly enhances ERM’s capabilities in environmental forensics, emerging contaminants, and human health impact and risk assessment. Additionally, it strengthens ERM’s data analytics, sediment management, marine sciences, hydrogeology, and groundwater modeling expertise.
Initially announced on January 13, 2025, the 110 technical experts will join as ERM NewFields and support North American and global clients to effectively manage liabilities and risks.
“We are thrilled to have supported the NewFields team,” said Trevor Casey, Senior Vice President at EFCG. “ERM will be a fantastic partner, and we look forward to following their progress in the years ahead.”
Patrick Gobb, NewFields CEO, said, “Joining forces with ERM presents an exciting opportunity for our team and clients. We share a commitment to environmental consulting and are eager to leverage our combined strengths to create lasting value for our clients.”
Reflecting on the collaboration with EFCG, Gobb stated, “We are extremely appreciative of all the hard work and guidance provided by the EFCG team throughout the entire process.” Gobb added, “The EFCG team closely collaborated with us, taking the time to understand our market position and competitive landscape. EFCG played a critical role in helping us achieve a tremendous outcome. I highly recommend the EFCG team to other founders and owners exploring their strategic options.”
"EFCG is honored to support the enduring partnership and future success of our esteemed clients, NewFields and ERM. This collaboration exemplifies our commitment to advancing the AEC industry," remarked EFCG Managing Partner, Jessica Zofnass Barclay.
Read the full press release here.
About EFCG
Founded in 1990, the Environmental Financial Consulting Group is the leading advisor to Architecture, Engineering, and Consulting (AEC) firms. Our mission is to provide a strategic edge to AEC firms to advance the industry. For 35+ years and counting, we have served as a retained advisor to 500+ firms, advised on 200+ M&A transactions, and held more than 100 executive conferences.