Montrose Environmental

Environmental services provider offering measurement and analytical services.

Launch date

2012

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD1.9b (Public information from Sep 2024)

Irvine California (HQ)

http://montrose-env.com

https://www.linkedin.com/company/montrose-environmental-group/

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	328m	546m	544m	624m	713m	785m	885m
% growth	40 %	66 %	-	15 %	14 %	10 %	13 %
EBITDA	6.9m	65.3m	29.2m	32.0m	96.8m	110m	129m
% EBITDA margin	2 %	12 %	5 %	5 %	14 %	14 %	15 %
Profit	(57.9m)	(25.3m)	(31.8m)	(30.9m)	(29.8m)	(11.9m)	(1.2m)
% profit margin	(18 %)	(5 %)	(6 %)	(5 %)	(4 %)	(2 %)	-
EV / revenue	2.8x	3.9x	2.6x	1.8x	1.8x	1.6x	1.4x
EV / EBITDA	131.8x	32.7x	47.7x	34.7x	13.1x	11.3x	9.3x

Date	Investors	Amount	Round
Oct 2018	Oaktree Capital Management	N/A	Growth Equity VC
Jul 2020	N/A	N/A	IPO
Feb 2024*	Wells Fargo and Company U.S. Bank Bank of Montreal JPMorgan Chase & Co	$400m	Post IPO Debt
Apr 2024*	N/A	N/A	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 13 Canada 2 Switzerland 1 Australia 1

By Industry

Energy 5 Engineering and Manufacturing Equipment 1 Food 1 Real Estate 1

By Round

ACQUISITION 17 SERIES A 1

ACQUISITION by Montrose Environmental Apr 2020

Paragon Soil and Environmental Consulting

ACQUISITION by Montrose Environmental Jun 2024

Vista Analytical Laboratory

ACQUISITION by Montrose Environmental Jun 2021

Environmental Intelligence

ACQUISITION by Montrose Environmental Jul 2021

ACQUISITION by Montrose Environmental Aug 2021

Environmental Chemistry

ACQUISITION by Montrose Environmental Oct 2021

Horizon Water and Environment

ACQUISITION by Montrose Environmental Nov 2021

TriAD Environmental Consultants

ACQUISITION by Montrose Environmental Aug 2022

Huco Consulting

ACQUISITION by Montrose Environmental Dec 2022