Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
RMT’s Environmental Business Unit
Sale to TRC Companies, Inc.
Baird served as the exclusive financial advisor to Alliant Energy and RMT, Inc.
RMT, Inc. (the “Company”), a wholly owned subsidiary of Alliant Energy Corporation (NYSE: LNT) (“Alliant”), has successfully closed the sale of its Environmental Business Unit to TRC Companies, Inc., (“TRC”) (NYSE: TRR). RMT will retain the renewable energy construction and engineering business and continue to operate as a subsidiary of Alliant.
Headquartered in Madison, WI, the Company’s Environmental Business Unit provides environmental and engineering services including remediation and restoration, environmental health & safety management and air pollution control. The Environmental Business Unit consists of approximately 200 consultants and 10 primary locations.
TRC is a national engineering, consulting and construction management firm that provides integrated services to the energy, environmental and infrastructure markets. TRC serves a broad range of clients in government and industry, implementing complex projects from initial concept to delivery and operation.