Increasingly, major infrastructure projects around the world require environmental impact assessments (EIAs) before they can be undertaken. For the firms conducting these assessments, that represents a significant business opportunity. In February lower-mid-market investor WestBridge completed the sale of environmental consultancy APEM Group, which conducts EIAs, delivering an 11.5x multiple.
APEM was sold to Applus+ Group, a testing, inspection, and certification business. During WestBridge’...
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