Langan Launches ESG M&A Consulting Practice
Experienced Team Provides Environmental, Social, and Governance Due Diligence
Parsippany, NJ (March 3, 2021) – Langan Engineering & Environmental Services has added an expert team of consultants that provide environmental, social, and governance (ESG) due diligence to clients engaged in mergers and acquisitions. ESG has become a critical vetting process for corporations acquiring the assets of other companies. Langan’s ESG M&A Consulting team, led by Kyle Strumfels, Associate, has supported hundreds of deals ranging from small acquisitions to multi-billion dollar mergers in the M&A market.
ESG has moved to the forefront of financial investing and corporate due diligence. Now more than ever, companies evaluating an acquisition target require a thorough review of operational factors and reputational risks, including sustainability and climate impact (environmental); diversity, human rights, consumer protection (social); and management structure, employee relations, executive compensation (governance).
“Langan clients involved in deal-making activities are in need of consultants that can help them evaluate ESG issues accurately and efficiently, and we are pleased to have added this practice to our integrated service offerings,” said David T. Gockel, President/CEO, Langan. “Kyle and his nationwide team have extensive experience with financial, legal, and industrial clients around the world, and we are already seeing great synergies that are benefiting Langan clients.”
Langan’s growing ESG M&A Consulting team is centered in the financial hub of New York City, with experienced staff located in offices throughout the United States. Langan also has employees and strategic partnerships overseas to ensure that clients with international deals have adequate coverage.
“My team is excited to be part of Langan, a firm with an outstanding reputation, national reach, and technical services that complement what we do,” said Strumfels. “One of the most important cultural similarities we found at Langan on day one is a commitment to client responsiveness, which is critical to keeping transactions progressing through the deal cycle.”
Founded in 1970 and headquartered in Parsippany, N.J., Langan (www.langan.com) provides integrated land development engineering and environmental consulting services for private developers, property owners, energy companies, and public sector clients. Langan employs over 1,200 professionals and has 29 regional offices in New Jersey, New York, Pennsylvania, Connecticut, Virginia, Washington, DC, Ohio, Florida, Texas, Arizona, Colorado, Washington, and California. With more than 125 LEED APs, the firm ranks among the top Green Design Firms by Engineering News-Record and has consistently ranked among the Best Engineering Firms to Work For by CE News.
Langan International, the firm’s wholly-owned subsidiary based in New York, provides all technical disciplines from offices in Athens, Calgary, Dubai, London, and Panama.