Halle Capital-backed True Environmental Announces Acquisition of Sikumiut Environmental Management Limited (SEM)

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Postmedia has not reviewed the content. by Business Wire Halle Capital-backed True Environmental Announces Acquisition of Sikumiut Environmental Management Limited (SEM)Author of the article:THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountST. JOHN’S, Newfoundland and Labrador — Sikumiut Environmental Management Limited (“SEM”), a multidisciplinary environmental and technical services firm serving mining, utility, and energy clients across Newfoundland and Labrador, today announced that it has joined True Environmental, Inc. (“True”), a platform focused on collaborating with founder and employee-owned environmental consulting and engineering firms to provide capital and management support solutions to accelerate growth and facilitate seamless ownership transitions. The union further enhances True’s mission of building a best-in-class environmental consulting and engineering platform.This advertisement has not loaded yet, but your article continues below.Founded in 2002 and headquartered in St. John’s, SEM provides environmental consulting, geomatics and GIS, digital solutions, stakeholder engagement, and technical staffing services. Together with Ensero Solutions, True’s Canadian mining- and water-focused company operating in Western and Northern Canada, SEM extends True’s platform into Atlantic Canada — creating a coast-to-coast Canadian presence serving mining, energy, utility, federal, and industrial clients.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againSEM President, Grant Vivian, expressed his enthusiasm for the company’s partnership with True Environmental, stating, “Joining True Environmental marks an exciting new chapter for our firm. This partnership is an investment in our people and in the future of what we can deliver for our clients. Through True’s platform, we gain access to expanded resources, broader capabilities, and a network of like-minded firms — without sacrificing the culture, community relationships, and client focus that define us.”Jim Stamatis, CEO of True Environmental, said, “SEM is exactly the kind of firm we seek to partner with. Grant, Stefan Cahill, Stephen Rowe, and the entire SEM team have built something remarkable — a technically strong, client-centered organization with deep roots in Newfoundland and Labrador, long-standing client relationships, and a genuine commitment to their people and their communities. Alongside Ensero, SEM gives True a true coast-to-coast Canadian platform, and we look forward to growing together.”True Environmental (“True”), backed by Halle Capital, is a platform focused on building a consulting and engineering organization for environmental end markets. True Environmental is led by Jim Stamatis, former CEO of Louis Berger and 30-plus-year industry veteran. True seeks to partner with founder- and employee-owned consulting and engineering firms, providing capital solutions to accelerate growth and liquidity events for ownership transition. For more information, please visit https://true-environmental.com/.About Sikumiut Environmental ManagementSikumiut Environmental Management Limited (“SEM”) is a Newfoundland & Labrador-based multidisciplinary environmental and technical services firm founded in 2002, with offices in St. John’s and Labrador City. SEM provides environmental consulting, geomatics, digital solutions, engagement, and technical staffing and recruitment services to mining, utility, and energy clients, and is registered as an Inuit Business with the Nunatsiavut Government. For more information, please visit https://www.semltd.ca/.This advertisement has not loaded yet, but your article continues below.Halle Capital is a lower-middle market, growth-oriented private equity firm based in New York. The firm leverages a thematic approach to building businesses in essential services industries, focusing on markets with high fragmentation and durable secular tailwinds. The firm partners with experienced management teams to grow companies through acquisition and operational excellence. For more information, please visit https://hallecapital.com/.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.