Montrose Environmental at a Glance
We Have Consistently Created Value for Our Shareholders
•
Organic Earnings Growth (+)
Average annual organic revenue growth(¹) of ~ 16%
since 2020 and ~13% since 2018
Revenue synergies catalyze cross-selling success
by creating environmental value for clients
Positioned to continue growing organic revenue at
a mid-to-high single digit rate over the next several
years
Successful investments in R&D can further organic
growth opportunities and increase barriers to entry
•
•
Strategically Additive Acquisitions (+)
Acquisitions represent a core part of growth
strategy within a highly fragmented environmental
market
- Environmental services industry comprised of
thousands of firms
Strategic acquisitions purchased at attractive
values can generate significant shareholder value
over time
M&A objective to acquire an expected $10-15
million of annualized EBITDA per year at attractive
multiples
(1) Excludes discontinued service lines, which generated revenues of $17.1 million in 2020, $12.1 million in 2021, and $3.6 million in 2022. See the appendix for a discussion of how we calculate organic growth.
© 2023 Montrose Environmental Group, Inc. Proprietary. 10View entire presentation