Environmental remediation and demolition company PRISM Spectrum Holdings, LLC (PRISM) has announced it has acquired environmental remediation and selective demolition contractor AAIS Corp., the company said.
The investor group is led by Atlanta-based private equity firm White Oak Group, focused on making investments in lower middle market, IP-rich businesses primed for growth. With a successful record built on industry expertise and partnerships with exceptional management teams.
White Oak invests in Aerospace and Defense, Environmental, and Information Technology companies. The AAIS acquisition is part of a series of acquisitions by PRISM, which recently included Environmental Holdings Group, LLC and Copper Environmental, LLC, to provide comprehensive environmental remediation and demolition services.
PRISM is an industry leader in environmental remediation and demolition services, providing asbestos and lead abatement, demolition, and engineering design and consultation services. PRISM´s management team consists of leaders who have decades of industry experience and have successfully completed thousands of projects throughout the United States. PRISM´s client diversity spans a broad set of industries including manufacturing, healthcare, real estate development, mining, oil and gas, chemical, utilities, education, and government agencies.
AAIS has become one of the most accomplished asbestos abatement and selective demolition contractors in the New England area. AAIS services customers across a variety of industries including military, public school systems, healthcare, commercial and government.