Blackstone acquires Alliance Technical Group

Blackstone has acquired Alliance Technical Group (ATG), a leading provider of environmental testing, monitoring and compliance services.

According to New York-based Blackstone, ATG has more than 2,200 employees located in more than 60 offices and labs across the U.S. and Canada.

Founded in 2000 and headquartered in Decatur, Alabama, ATG delivers a comprehensive suite of solutions, including source and lab testing, continuous emission monitoring systems and leak detection/repair, among others.

“Blackstone’s investment is a testament to our strong organic and strategic growth as a trusted market leader in the testing, inspection and compliance sector,” ATG CEO Chris LeMay says. With our partners at Blackstone, we look forward to continuing to scale and support our customers in navigating a complex, evolving regulatory landscape.”

According to Blackstone, ATG is a “clear market leader in emissions testing and monitoring.” Terms of the acquisition were not disclosed, but Blackstone says funds affiliated with Blackstone Energy Transition Partners, along other Blackstone funds, were used to make the deal.

ATG is the latest in several recent transactions made by Blackstone Energy Transition Partners, including Maclean Power Systems, Wolf Summit Energy, Hill Top Energy Center, Shermco, Enverus, Lancium and Westwood, among others.

“Our investment strategy focuses on identifying leading businesses that we believe are positioned to disproportionately benefit from the growing demand for electricity and the broader energy transition,” says David Foley, global head of Blackstone Energy Transition Partners. “We are excited to back Alliance, which plays a critical role in helping energy and industrial facilities operate safely, efficiently, and in compliance with environmental regulations.”