Momentum Environmental acquires T&R Environmental

Momentum Environmental LLC, a Bath, New York-based environmental services platform, has acquired T&R Environmental, a Bath, New York-based provider of environmental services.

The company says the acquisition will catalyze its growth in the Northeast and Mid-Atlantic regions.

“We were attracted to T&R Environmental because of its exceptional team, strong growth trajectory and best-in-class services across a variety of end markets,” Momentum CEO Bill Hunter says. “We are excited to partner with the T&R team to build upon their success and expand our offerings to additional markets.”

Momentum provides environmental services including waste processing, industrial cleaning, emergency response and field services, operating multiple locations in New York. The company is backed by Boston-based middle-market private equity firm Nonantum Capital Partners.

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Founded in 2009, T&R provides a full suite of environmental services. As part of the acquisition, T&R Founder Brian Polmanteer will serve as senior vice president of Momentum.

“We chose to partner with Bill and Nonantum because of their industry expertise, experience scaling similar business and strong cultural fit,” Polmanteer says.

Hunter and Polmanteer bring decades of industry experience to the Momentum leadership team. Most recently, Hunter served as CEO of North Carolina-based Terra Nova Solutions, a vertically integrated provider of environmental solutions. Polmanteer has let T&R to become a key player in the New York environmental industry, expanding its suite of services across the manufacturing, utilities and public sector end markets.

“We are excited to partner with Bill and Brian to build the Momentum platform,” says Jon Biotti, managing partner of Nonantum. “Momentum’s services are critical to its customers and local communities. With this acquisition, we look forward to continuing T&R’s track record of excellent service while broadening Momentum’s operational footprint and service offerings.”

Momentum says its growth strategy includes additional acquisitions and development of permitted waste processing assets to complement a best-in-class service organization.