Bridgepoint Hires Goldman Sachs For Sale Of ERM

Fox Business Monday 7th February, 2011

GS ) to handle the sale of ERM, an environmental consultancy, a spokesman for Bridgepoint confirmed to Dow Jones Newswires Monday. Based in the U.K., ERM provides environmental services to public and private clients worldwide from 137 offices in 40 countries with a staff of 3,600. Bridgepoint bought ERM at the end of 2005 for $535 million. ERM has forecast net revenue of $500 million for March 2011. The company has five business streams: contaminated site management, compliance assurance, environmental impact assessment, M&A advisory services and climate change. The deal is valued at around $750 million. Copyright © 2011 Dow Jones Newswires

Read more

Share this article:
Back to Australian Herald

Comments

  • No comments yet for this story

    • Have your say

    • By submitting your comment you agree to our terms and conditions

    Featured Story

    Warner reported for beaching Code of Behaviour

    Cricket Australia (CA) Sunday said David Warner has been reported for breaching their Code of Behaviour.

    Warner is alleged to have breached Rule 6 which is "Unbecoming behaviour, regarding comments posted ...

    News Survey

    Do you take the threat of North Korea seriously?

    View results

    On Facebook

    They said it

    Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.

    David Beckham

    The world's best known footballer was speaking after formally announcing his retirement.