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TRANSACT IONS J.S. HELD ACQUIRES ATLANTIC ENVIRONMENTAL SOLUTIONS, INC. Zweig Group, a full-service AEC management advisory firm, announced its client Atlantic Environmental Solutions, Inc. has been acquired by J.S. Held , furthering the firm’s efforts to support clients on complex environmental and regulatory matters, especially in the Northeastern U.S. Jamie Claire Kiser, Zweig Group’s managing principal, served as AESI’s lead advisor on the engagement, with support from senior analyst Andrew Chavez. “AESI President Michael Novak and the AESI team are in high demand with the clients they serve, and demand is only growing as the industrial sector booms and the nation continues to place a higher level of prioritization on environmental health,” Chavez said. “With this being J.S. Held’s 7th acquisition of 2021 and 20th transaction since the beginning of 2018, they’re experts in efficiently integrating staff and the combined entity is well- positioned to continue it’s growth throughout the northeast.”
AESI offers environmental investigations, due diligence assessments, compliance consulting, litigation support, and remediation services. The firm’s clients include municipalities, industrial real estate firms, mixed-use multi- family developers, REITS, and general contractors, as well as those in the insurance, legal, and utilities industries. Following the acquisition, AESI’s team will join J.S. Held’s Environmental, Health, and Safety Practice, to further enhance this dynamic and growing team of consultants across North America. “AESI has been growing consistently for the last 24 years,” Novak said. “We are very excited to join J.S. Held as they provide the platform and support to help us advance the long term careers of our employees and to meet the needs of our expanding list of clients. There are many synergies between the two firms and we are eager to continue to grow with J.S. Held.” J.S. Held is a global consulting firm providing specialized technical, scientific, financial, and advisory services. The firm has more than 100
offices across the United States, Canada, Latin America, Europe, Asia Pacific, and the Middle East. AESI joins the J.S. Held team of more than 1,200 professionals around the world. AESI clients will now have access to J.S. Held’s suite of specialized services, including forensic architecture and engineering; property and infrastructure damage consulting; construction advisory services; global investigations; surety services; equipment consulting; restructuring, turnaround, and receivership; economic damages and valuation services; forensic accounting; and environmental, health, and safety services. Zweig Group is the leading research, publishing, and consulting resource for the built environment. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search services nationwide.
MARK ZWEIG, from page 11
about 3,700 square feet with a two-car garage that has no doors on it. Where will we go with all of our stuff? And how would we get everything done – or at least SOME necessary things done (like painting rooms, upgrading the entire electrical system, and having bookcases and closet systems made and installed) – before we move with only eight days between the two closings? Plus, we would have to paint the porch floor, touch up all walls from all the art we just removed, and then clean everything in our old house after our stuff was out, all in that same eight days. But now, because our buyers bailed – we have TIME . That will actually reduce our stress dramatically. There is one more thing that will help most of us be more positive – and it’s a sensitive subject. But the fact is, during COVID-19, many of us were sitting around in our houses, reading and watching the news all day and night. And the news, in case you haven’t noticed, is pretty much all negative. I won’t list everything bad happening in the world, but let’s all agree that there is plenty of it. Bad news sells. So they feed it to us 24 hours a day. I think it is important to be well-informed. All of us are impacted by events – they affect our businesses and us personally – so we need to know what is going on in the world. That said, do we need to input four or five hours (or more) of that every day, or would we be better off to limit that to 30 minutes a day and pump positives in for the rest of our time? I’m not suggesting ignorance is bliss, but we cannot ignore the reality all of this negative information will have on our psyches, either. We are only human. So, how are you doing these days? Are you really able to see the good in everything – or is your outlook bleak? I am choosing the former versus the latter. And it makes pretty much every day a good one as a result! MARK ZWEIG is Zweig Group’s chairman and founder. Contact him at mzweig@zweiggroup.com.
already have another one under contract to buy – and with the buyers of ours closing only eight days after we are closing on our new one – I was feeling good about the move. The timing was perfect, I told myself. So when I learned our buyers – who were moving back here from Austin – decided they couldn’t make the move, I was initially upset. We just paid a huge tax bill from last year a few weeks ago that resulted from selling so many depreciated rental properties (the investment property merry-go-round is hard to get off of once you get on), and having dual housing expenses plus a big moving expense is not something I was looking forward to. But by the next day, I was feeling good again. The key to that change in mental state was from two things. First, my wife was not upset by the whole thing at all. Being around her was very helpful. Same thing with my real estate agent. He wasn’t worried about finding new buyers. Just as is the case with the ElevateAEC crowd, never underestimate the value of surrounding yourself with positive people. Choose your friends wisely! Secondly, the result of doing some accurate accounting of the positives and negatives associated with the new situation was very helpful. The negatives were obvious. Our current house isn’t sold and we could have dual overhead for a while now. What if our house never sells? Then what? But instead of thinking about that, I have chosen (that’s right – it is a choice) to see the good side of what just happened. And the positives outweigh the negatives. Our current house is modern and well-designed with more than 5,500 square feet of useable space and a three-car garage, along with a newer detached storage building. The new house – while in a superior location and with a great lot – is old. It was originally built in 1870 and has only
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THE ZWEIG LETTER NOVEMBER 8, 2021, ISSUE 1416
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