ASRC Industrial Services Continues to Buy Up Midwest Contractors

Acquisition of Ohio enviro-remediation contractor EQM makes 10 AIS acquisitions in three years since Arctic Slope Regional Corp. formed the holding company to expand in the lower 48

ASRC Energy Services flies pickup trucks beyond Alaskan roads to managers of North Slope oil-field construction. AIS acquisitions are adding revenues from less-rigorous environments.
ASRC Energy Services flies pickup trucks beyond Alaskan roads to managers of North Slope oil-field construction. AIS acquisitions are adding revenues from less-rigorous environments.
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Nationwide industrial and environmental services provider ASRC Industrial Services (AIS) has acquired Environmental Quality Management (EQM). The acquired company is headquartered in Cincinnati, Ohio, and provides full service environmental remediation throughout the U.S., including the Midwest, Pacific Northwest and California.

Founded in September 2016 AIS is a wholly owned subsidiary of Arctic Slope Regional Corporation (ASRC), one of the 12 Alaska land-based regional corporations created for Alaska’s Iñupiat native people by the Alaska Native Claims Settlement Act of 1971. AIS was created as a platform to grow ASRC’s Industrial Services offerings and ultimately deliver meaningful returns to ASRC’s shareholders. AIS has acquired 10 environmental service contractors since its forming, all in the 48 contiguous states. The acquisitions extend ASRC’s national scope, and many of them are based in the Midwest.  

The newest acquisition, EQM, was founded in 1990 and specializes in providing environmental remediation, emergency response, site restoration, environmental consulting, and emission measurement services. The company serves a variety of end markets, focusing in the public sector (EPA, U.S. Army Corps of Engineers, Department of Defense), steel industry, and manufacturing.

“It’s a privilege to welcome the talented management team and workforce of Environmental Quality Management to the AIS family of companies

“The addition of EQM to the AIS family immediately enhances our enterprise-wide capabilities, increases our presence in key markets and ultimately brings us one step closer to achieving our vision of building an enduring, employee-centric, customer-focused industrial services provider,” said Greg Johnson, President and CEO of AIS at the time of the purchase.

“We are extremely excited about the opportunities joining AIS brings to both our employees and our customers,” said Jack Greber, Founder of EQM. “After getting to know the AIS team and learning about ASRC’s commitment to the industrial services market, I knew AIS was the right long-term home for Environmental Quality Management.”

Headquartered in Concord, Calif., AIS is organized into operating groups: Construction, Maintenance and Repair; Remediation and Response Services; and Environmental Engineering and Professional Services. AIS has approximately 4,000 employees and operates throughout the Continental United States. AIS subsidiaries include Petrochem, RSI Entech, Entech Advantage, DACA Specialty Services, D2 Industrial Services, US Coatings, Mavo Systems, F.D. Thomas, D. Zelinsky & Sons, Omega, Hudspeth & Associates, AIS Response Services, HRCS Engineering, USC Federal, Brad Cole Construction, Arctic Pipe Inspection, Niles Construction Services, National Environmental Group, and K2 Industrial Services. As a subsidiary of ASRC, AIS and its subsidiaries are considered minority business enterprises.

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