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J.S. Held adds environmental, health, and safety consulting services through the acquisition of U.S. HELM.
Jericho, NY and New Orleans, LA – September 29, 2016 – Global consulting firm J.S. Held today announced the acquisition of U.S. Health and Environmental Liability Management, LLC (“U.S. HELM”). Tracey Dodd, founder and principal of U.S. HELM, joins J.S. Held as Executive Vice President and National Director of Health and Environmental Services. Financial terms of the private transaction were not disclosed.
U.S. HELM is a national leader in environmental risk assessment, corrective action, industrial hygiene, safety and environmental consulting. The company will operate as the “Health and Environmental Services” business practice group of J.S. Held, which will provide rapid response onsite services, environmental risk management, insurance and litigation support, property analysis, vulnerability assessments, and other services that minimize corporate liability concerns. “The combination of our two strong, well-respected brands under one umbrella enables us to serve our clients with a broader range of service offerings,” said Jon Held, President and Chief Executive Officer of J.S. Held. “The proven capabilities of U.S. HELM’s extensive scope of environmental service offerings ensures we can meet the environmental and safety management needs of our clients to mitigate their risks while controlling losses.”
Dodd and Tom Sumner, a Principal at U.S. HELM, will assist with running the Health and Environmental Services business reporting to Adrian Frank, Executive Vice President of Corporate Operations at J.S. Held.
“J.S. Held and U.S. HELM share a commonality among clients and projects that is highly complementary, so we are very excited to join forces,” said Dodd. “We look forward to working closely with the team as we further expand our environmental, safety, and industrial hygiene consulting footprint throughout the U.S.”
High profile work performed by U.S. HELM includes assessing and managing complex spill response efforts and natural resource damage restoration efforts in the Gulf of Mexico, damage assessment and remediation design and oversight of the New Orleans Superdome and Convention Center following Hurricane Katrina, and the Mercy Regional Medical Center response efforts following the tornado in Joplin, Missouri.
This acquisition is the fourth acquisition J.S. Held has made since receiving a controlling investment in 2015 from Lovell Minnick Partners, a private equity firm specializing in investing in financial and related business services companies. Previous acquisitions include Lovett Silverman Construction Consultants, Inc., the Property Loss Division of Chroma Building Corp., and Wakelee Associates, LLC.
About J.S. Held
J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets.
The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.
J.S. Held, its affiliates and subsidiaries are not certified public accounting firm(s) and do not provide audit, attest, or any other public accounting services. J.S. Held is not a law firm and does not provide legal advice. Securities offered through PM Securities, LLC, d/b/a Phoenix IB, a part of J.S. Held, member FINRA/ SIPC or Ocean Tomo Investment Group, LLC, a part of J.S. Held, member FINRA/ SIPC. All rights reserved.