{"id":755851,"date":"2023-05-08T08:05:04","date_gmt":"2023-05-08T12:05:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\/"},"modified":"2023-05-08T08:05:04","modified_gmt":"2023-05-08T12:05:04","slug":"montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\/","title":{"rendered":"Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada<\/b><\/p>\n<p class=\"bwalignc\">\n&#8211; <i>Expands Company\u2019s leak detection and optical gas imaging for multinational corporations needing environmental solutions across entirety of N.A. portfolio<\/i><\/p>\n<p>LITTLE ROCK, Ark. &amp; CALGARY, Alberta&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMontrose Environmental Group, Inc. (\u201cMontrose\u201d or the \u201cCompany\u201d) (NYSE: MEG) today announced the acquisition of GreenPath Energy Ltd. (\u201cGreenPath\u201d), a leading optical gas imaging and fugitive emissions management services firm in Canada. GreenPath\u2019s leadership, including President Joshua Anhalt, will join Montrose and be integrated into the Company\u2019s Measurement and Analysis Segment. Terms of the transaction were not disclosed.<\/p>\n<p>\nIn Canada, GreenPath is a leader in methane emission detection, measurement, reduction, and elimination solutions and services. The firm specializes in working with oil and gas companies, helping them make the transition to a cleaner energy future. Founded in 2007 in Calgary, Alberta, GreenPath\u2019s expertise around fugitive emissions has created exceptional client loyalty, allowing the firm to expand its support for companies globally outside its home market of Canada.<\/p>\n<p>\n\u201cWe\u2019re thrilled to join with GreenPath, which will help us to both scale our technical and operational capabilities for multinational corporations and to better serve them across the entirety of their North American portfolio,\u201d said Terence Trefiak, Senior Vice President of Leak Detection and Repair, North America, for Montrose. \u201cFor energy producers, it is often hard to understand the problem of fugitive emissions and where to direct their resources. Working together, we will be able to better track, manage, eliminate and reduce fugitive emissions, which supports clients with regulatory compliance, ESG and moving toward a low carbon economy. We welcome our new colleagues and are eager to begin supporting our clients more broadly.\u201d<\/p>\n<p>\n\u201cWe\u2019re excited to join with the talented team at Montrose,\u201d said Joshua Anhalt, President of GreenPath Energy Ltd. \u201cMontrose and GreenPath have exceptional reputations and complementary skillsets, both wanting to partner with clients in moving fugitive and vented emissions management beyond regulatory compliance. We look forward to joining a larger platform to fulfill our mission of building a cleaner, more efficient industry.\u201d<\/p>\n<p><b>About Montrose<\/b><\/p>\n<p>\nMontrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today, and prepare for what\u2019s coming tomorrow. With nearly 3,000 employees across more than 80 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling the Company to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs \u2013 and well ahead of the strategic curve. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.montrose-env.com&amp;esheet=53395178&amp;newsitemid=20230508005262&amp;lan=en-US&amp;anchor=www.montrose-env.com&amp;index=1&amp;md5=97ae1b0403701a21abe74fa1de26096c\">www.montrose-env.com<\/a>.<\/p>\n<p><b>Forward\u2010Looking Statements<\/b><\/p>\n<p>\nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as \u201cintend,\u201d \u201cexpect\u201d, and \u201cmay\u201d, and other similar expressions that predict or indicate future events or that are not statements of historical matters. Forward-looking statements are based on current information available at the time the statements are made and on management\u2019s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company\u2019s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company\u2019s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230508005262r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230508005262\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230508005262\/en\/<\/a><\/span><\/p>\n<p><b>Montrose<br \/>\n<\/b><br \/>Investor Relations:<br \/>\n<br \/>Rodny Nacier<br \/>\n<br \/>(949) 988-3383<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@montrose-env.com\">ir@montrose-env.com<br \/>\n<\/a><\/p>\n<p>Media Relations:<br \/>\n<br \/>Doug Donsky<br \/>\n<br \/>(646) 677-1844<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Montrose@icrinc.com\">Montrose@icrinc.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada Arkansas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environmental Health Energy Environment Oil\/Gas<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230508005262\/en\/1785903\/3\/Montrose_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada &#8211; Expands Company\u2019s leak detection and optical gas imaging for multinational corporations needing environmental solutions across entirety of N.A. portfolio LITTLE ROCK, Ark. &amp; CALGARY, Alberta&#8211;(BUSINESS WIRE)&#8211; Montrose Environmental Group, Inc. (\u201cMontrose\u201d or the \u201cCompany\u201d) (NYSE: MEG) today announced the acquisition of GreenPath Energy Ltd. (\u201cGreenPath\u201d), a leading optical gas imaging and fugitive emissions management services firm in Canada. GreenPath\u2019s leadership, including President Joshua Anhalt, will join Montrose and be integrated into the Company\u2019s Measurement and Analysis Segment. Terms of the transaction were not disclosed. In Canada, GreenPath is a leader in methane emission detection, measurement, reduction, and elimination solutions and services. The firm specializes in working with oil and gas &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-755851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada &#8211; Expands Company\u2019s leak detection and optical gas imaging for multinational corporations needing environmental solutions across entirety of N.A. portfolio LITTLE ROCK, Ark. &amp; CALGARY, Alberta&#8211;(BUSINESS WIRE)&#8211; Montrose Environmental Group, Inc. (\u201cMontrose\u201d or the \u201cCompany\u201d) (NYSE: MEG) today announced the acquisition of GreenPath Energy Ltd. (\u201cGreenPath\u201d), a leading optical gas imaging and fugitive emissions management services firm in Canada. GreenPath\u2019s leadership, including President Joshua Anhalt, will join Montrose and be integrated into the Company\u2019s Measurement and Analysis Segment. Terms of the transaction were not disclosed. In Canada, GreenPath is a leader in methane emission detection, measurement, reduction, and elimination solutions and services. The firm specializes in working with oil and gas &hellip; Continue reading &quot;Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-08T12:05:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230508005262r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada\",\"datePublished\":\"2023-05-08T12:05:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/\"},\"wordCount\":771,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230508005262r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/montrose-environmental-group-acquires-greenpath-energy-ltd-of-canada\\\/\",\"name\":\"Montrose Environmental Group Acquires GreenPath Energy Ltd. of Canada - 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