Palm Beach Capital, a middle-market private equity firm, through its Palm Beach Capital Fund V LP has invested in Earth Systems LLC, an environmental engineering and consulting firm.
Earth Systems offers assessment and remediation, spill response, environmental compliance and risk management services. The firm delivers its services to oil and gas, government and municipalities, utilities, and property development end markets.
“We are excited to partner with the Earth Systems management team, and we look forward to providing the necessary support and capital for the company to take the next step in its growth plan,” said Nate Ward, PBC co-founder and managing partner. “Earth Systems is uniquely positioned with long-term customer relationships in its niche verticals to grow exponentially as the country continues to increase regulations and emphasize the environmental impacts on society. We believe this business will serve as a strong platform while the Company expands into tangential service offerings in the environmental engineering industry.”
Horowitz Law Firm, P.A. and Gunster served as seller’s legal counsel, and Greenberg Traurig served as buyer’s legal counsel on the transaction.