Corporate Finance Associates Initiated and Acted as the Exclusive Representative to Tracer Environmental Sciences & Technologies in Sale to SCS Engineers

October 29, 2009 (PRLEAP.COM) Business News
Corporate Finance Associates (CFA), an international middle-market investment banking services firm providing merger and acquisition, business valuation, capital resources, and financial advisory services, announced it initiated and advised Tracer Environmental Sciences & Technologies, Inc. (Tracer ES&T) in the merger with SCS Engineers.

SCS Tracer Environmental is a technology-oriented consulting firm that provides industrial air, risk management, and environmental engineering consulting services. The company specializes in air quality, regulatory compliance, hazardous materials risk management, and the use of tracer gases to evaluate air dispersion and performance of environmental systems.

"Our core services line up well with the national network of SCS offices," said Tracer's Tom Rappolt, "and our existing clients will benefit from having access to SCS professionals with environmental compliance and greenhouse gas expertise in multiple jurisdictions around the country."

Since 1970, SCS Engineers has delivered economically and environmentally sound solutions for solid waste management and site remediation projects throughout the world. The firm has ranked as the Number One Solid Waste engineering company five times since 2004 by Engineering News-Record (ENR). In addition, SCS Engineers ranks as one of the fastest-growing architecture, engineering, and environmental consulting firms on the Zweig Letter Hot Firms List for the last six consecutive years. SCS provides engineering, construction, and long-term operations and maintenance services to private and public sector clients through a network of 45 offices in 23 states and worldwide.

"It was a privilege serving the Tracer ownership team through the investment banking process and we are pleased that the newly forged relationship provides strong synergies to both parties," said John Klearman, CFA's dealmaker representing Tracer.

Peter Heydenrych, CEO of Corporate Finance Associates observed "We see the M&A markets improving as credit begins to ease going into 2010. The success of the Tracer/SCS deal bears testament to the commitment of the parties involved."

Corporate Finance Associates is a major investment banking services firm, providing middle-market companies with a wide range of financial advisory services in support of mergers, acquisitions, divestitures, capital sourcing, and corporate restructuring. From project inception to completion a senior principal guides clients through every challenge, advocates on their behalf, and leverages CFA's experience and extensive resources. CFA has over 25 offices in United States, three in Canada, three in India and 12 partner offices throughout Europe. More information about buying or selling a business is available via the Internet at www.corporatefinanceassociates.com.