Mead & Hunt adds two firms in 2017 with acquisitions
January 11, 2018
EBJ Merger & Acquisition issue interview of Amy Squitieri, Group Leader for Environment and Infrastructure, and Brad Blais, Market Leader for Water-Wastewater and former President of QLH.
EBJ: What are Mead & Hunt’s strategic targets and goals? How does QLH’s acquisition align with Mead & Hunt’s strategic plan?
Mead & Hunt: The market diversification Mead & Hunt has in place is the basis for our longevity and stability, and continued diversification is a key part of our strategic plan. Our strategic plan places priority on investments in food and beverage, water-wastewater, construction and environmental markets. Geographic areas we are focusing on include the Southeast and Southwest.
QLH aligned with a priority market and geography. In addition, they share a top Mead & Hunt value of client-service focus.
EBJ: What were the main objectives for the acquisition?
Mead & Hunt: Our objectives in merging with the QLH team were to access the Florida market and expand capabilities and talent in advanced wastewater treatment and reclaimed water.
EBJ: What type of opportunities do you see in water resources consulting? What major trends have you noticed in the past couple of years and what changes are you expecting in the near future?
Mead & Hunt: Regulation and management strategies for point and non-point source discharges will continue to evolve and require increased monitoring and higher treatment levels. Total maximum daily loads and pollutant reduction goals, established by federal and state agencies, will drive this change. It will require utilities and MS4 permittees (public entities seeking storm sewer discharge) to develop basin management action plans to achieve the goals. As water resource professionals, we will need to help our clients understand the effect of new regulations. We will help develop sustainable strategies to comply with the more stringent water quality measures as development and pollutant loads increase. This will present new challenges and opportunities.
BMPs that reduce potable demand, reclaim treated effluent and beneficially use stormwater are now widely accepted. Existing infrastructure components will age and replacement projects will provide opportunities to implement BMPs that support the above approach for better water resource management. This is a trend that will continue and one that should be supported by industry professionals.
READ MORE (PDF) in Environmental Business Journal
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