2020 Environmental Group (2020) is pleased to announce the successful sale of Iris Environmental (Iris) to RPS Group for a maximum consideration of $13.5 million, all payable in cash.  2020 initiated the transaction and served as the exclusive M&A advisor to Iris. 

Founded in 1999, Iris has its headquarters in Oakland California with a second office in Irvine California.  The company employs about 35 staff and undertakes projects associated with managing environmental liabilities and risk primarily for private sector clients in California, particularly technology companies in Silicon Valley. In 2014, Iris had revenues of $10.1 million.

PBS Engineering and Environmental Inc, a 140-person Portland OR based environmental and engineering consulting firm, has acquired HDJ Design Group, a 60-person civil engineering and planning firm in Vancouver, WA.

2020 Environmental Group served as PBS’s Strategic Growth and M&A Advisor on the HDJ transaction, including evaluation of synergies, financial due diligence, Letter of Intent and Sale and Purchase Agreement.

2020 is pleased to announce the successful sale of Vironex Environmental Field Services, Inc. (Vironex) to Cascade Drilling, L.P. (Cascade). 2020 initated the transaction and served as the exclusive M&A advisor to Vironex.

The combined company now employs approximately 590 people across 35 offices with over 250 drill rigs enabling both Vironex and Cascade to better serve clients on a national level. 

San Francisco based engineering and consulting firm Jacobs Associates and Boise based engineering, construction and environmental firm McMillen LLC announced that the two firms have merged to form McMillen Jacobs Associates.

The combined resources of the merger provide clients access to 380 staff located in 19 offices across North America, New Zealand, and Australia.

2020 Environmental Group is honored to receive the Environmental Business Journal’s Environmental Industry Leadership Award for opening new paths to strategic growth and value for environmental businesses across the U.S. and internationally. According to EBJ, "2020 has created a new discipline of management consulting that bridges the institutional knowledge of this mature industry with new tools for the next generation of environmental business leaders. 2020's partners have provided thought leadership to a growing list of small, mid-size and global firms serving as advisors on strategic growth, financial performance, ownership transition, and mergers and acquisitions."