Press Release: Strategic buyer excited about acquisition of Midwest-based environmental and industrial services business

Charlotte, NC - Business Acquisition and Merger Associates ("BAMA") is pleased to announce its client, Sunpro, Inc., a diverse industrial and environmental services company, was acquired by Savage Companies.

When asked about strategic fit, Kirk Aubry, Savage President and CEO noted, “We serve many of the same industries and customers, so there’s synergy in combining Sunpro’s environmental response capabilities with the industrial solutions Savage already provides. We believe our 230-plus operating locations coupled with Sunpro’s expertise and success will greatly increase our ability to serve customers in more places.”

“Savage and Sunpro both bring a strong commitment to safety and doing things right, and we are truly excited about this opportunity,” said Ken Kozak, Sunpro Vice President. “We expanded our operations last year, and our more than 120 team members are always quick to address customers’ specific environmental needs. Savage’s business information and operations systems will enable us to continue to improve our efficiency and provide even greater value for customers.”

BAMA acted as advisor to Sunpro, Inc., providing Sunpro's owners with multiple offers from strategic and financial buyers. Financial terms will not be disclosed.

Business Acquisition & Merger Associates, a Charlotte, NC advisory firm, assists business owners in growth recapitalizations, business transfers to financial or strategic buyers, and management buyouts. BAMA also helps companies grow by providing retained 'buy-side' sourcing services that identify potential add-on acquisitions that expand their client's geographic footprint or add strategic products and capabilities.

Sunpro, Inc. is a Midwest-based industrial and environmental services provider operating out of 9 locations. Their highly trained team is able to handle emergency response and planned services including spill response and remediation and transportation of environmental waste. They serve a variety of industries including oil and gas, energy, rail, and industrial.

Savage is a privately owned supply-chain solutions and industrial services company with more than 3,000 team members in over 230 operating locations throughout North America and internationally. Savage supports a wide variety of customers in the production, manufacturing and distribution of energy resources and other essential commodities. The Company’s capabilities span rail, truck and marine transportation and logistics, terminal and facility operation and design, materials handling, and other industrial services.

If you're interested in joining TEAM BAMA, please submit a resume and cover letter telling us why you'd make a great addition to our pride.

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