M&A
confidence high
sentiment positive
materiality 0.60
Montrose acquires ETA and raises 2024 revenue/EBITDA guidance
Onterris, Inc.
- Acquired Engineering & Technical Associates (ETA), a Process Safety Management leader; joins Assessment, Permitting & Response segment.
- 2024 revenue guidance raised to $690-740M from $675-725M; Adjusted EBITDA guidance raised to $95-100M from $90-95M.
- Acquisition expected to be highly additive to existing EHS&S advisory offerings; no deal terms disclosed.
- Management cites strong organic performance and cross-selling execution for improved outlook.