PennSpring Capital Makes Initial Investment in Environmental Remediation and Financial Services (ERFS)
August 24, 2021
PennSpring Capital, a Mid-Atlantic direct investment firm, made an initial growth investment in Environmental Remediation and Financial Services (ERFS) to support the company’s post-pandemic expansion and the start of major remediation projects across the United States. ERFS, a New Jersey–based specialist in in-situ soil and groundwater remediation, will use the capital to scale operations and offer remediation services across more than 30 industries.
- Buyers
- PennSpring Capital
- Targets
- Environmental Remediation and Financial Services (ERFS)
- Industry
- Environmental Services
- Location
- New Jersey, United States
- Transaction Type
- Growth capital
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