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TerraTherm installation at SRSNE Superfund Site in Connecticut.
Research and development Soil remediation firm – founded on science, patents, and education – joins forces with a larger company in order to increase market share.
By RICHARD MASSEY Managing Editor
Business beckons in Australia, Brazil, and China, and here in the United States and across the Pacif- ic in Vietnam, the firm is currently engaged in the Herculean cleanups of military spillage dating back to World War II, and, more recently, the Cold War. “We carried on the tradition of authoring technical solutions to these problems in the ground. We were founded on an R&D mentality. We commercialized the inventions for Shell. Our company worked out all the bugs so that it could be mainstreamed.” While TerraTherm is considered an industry lead- er in soil remediation, Cascade has a considerable footprint in terms of marketing, sales, and sheer
S uperfunds. Brownfields. Industrial waste from a bygone era. The ugly stuff that doesn’t go away, like hydrocarbons, creosote, chlorinated solvents, and pesticides. While hazardous contamination is the bane of governments, corporations, and individual land- owners, not everyone is frightened by it. Indeed, for TerraTherm (Gardner, MA), No. 14 on Zweig Group’s 2015 Hot Firm List, and a worldwide lead- er in thermal soil remediation, it’s just the oppo- site. The nastier the better. The engineering firm was recently acquired for an undisclosed amount by Cascade Drilling, L.P. , a subsidiary of Cascade Environmental Holdings, LLC. With the windfall secured, its original angel investors, MassVentures and Bison Capital, paid off, and with a new safety certification expected to improve its market share, TerraTherm is poised to clean up the world.
John M. Bierschenk, Co-founder and President, TerraTherm
THE ZWEIG LETTER Febru
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