Reserve Advisors Acquires Waldman Engineering Consultants, Inc.

First Reserve Acquires WGI, Inc.

February 25, 2026

Engineering Services

Private equity firm First Reserve has acquired WGI, Inc., a multidisciplinary engineering and professional services firm headquartered in West Palm Beach, Florida. Monroe Capital served as lead left administrative agent on a senior credit facility to finance the acquisition; WGI operates 23 offices nationwide and provides transportation, environmental, geospatial, land development and municipal professional services.

Western States Reclamation Acquires Ecological Resource Consultants

May 2, 2023

Environmental Services

Western States Reclamation LLC (a portfolio company of Strength Capital Partners) has acquired Ecological Resource Consultants, Inc., a Lakewood, Colorado-based engineering and ecological science firm focused on water-resource and mining-related projects. The acquisition is an add-on to WSR intended to expand its geographic reach and service offering across environmental and water-resources projects in the Western United States and globally for mining clients.

Water Engineering Acquires WET Solutions

May 3, 2024

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired WET Solutions, Inc., a Schaumburg, Illinois-based provider of water treatment equipment, chemicals, consultation, and preventative maintenance services. The transaction is an add-on to Water Engineering’s platform aimed at strengthening its presence in the greater Chicago area while retaining WET Solutions’ brand and owner involvement for continuity and growth.

Water Engineering Acquires Earthwise Environmental

September 20, 2023

Environmental Services

Water Engineering, a portfolio company of Nolan Capital, has acquired Earthwise Environmental, a Wood Dale, Illinois-based provider of water treatment equipment, chemicals, consultation, and preventative maintenance services. The deal is an add-on to the Water Engineering platform to expand its footprint and service capabilities across the Midwest, South and Southeast while retaining Earthwise's brand and founder Robert "Bob" Miller.

Terracon Acquires Wang Engineering Inc.

February 15, 2022

Engineering Services

Terracon, an employee-owned engineering consulting firm based in Olathe, Kansas, has acquired Wang Engineering Inc. of Lombard, Illinois. The acquisition brings Wang’s 25-person geotechnical, construction inspection, and materials testing team into Terracon to expand capabilities for transportation and infrastructure clients across Illinois and Indiana.

Trinity Consultants Acquires WestLand Resources

November 30, 2023

Environmental Services

Trinity Consultants, a Dallas-based environmental consulting firm, has acquired WestLand Resources, a Tucson-based engineering and environmental consultancy with more than 240 employees. The acquisition expands Trinity's Water & Ecology capabilities and geographic footprint across the Western United States while providing WestLand employees immediate shareholder opportunities within Trinity.