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Halle Capital-backed True Environmental Announces Acquisition of GKY & Associates

GKY & Associates (GKY), an innovative leader in water resources engineering, policy and planning, environmental science, and other support solutions, today announced that it has joined True Environmental, Inc. ("True"), a platform focused on collaborating with founder and employee-owned environmental consulting and engineering firms to provide capital and management support solutions to accelerate growth and facilitate seamless ownership transitions. The union further enhances True's mission of building a best-in-class environmental consulting and engineering platform.

GKY CEO Stuart Stein, PE, D.WRE, has expressed his enthusiasm for the company’s partnership with True Environmental, stating, “Today represents a major turning point in GKY’s ongoing development. This partnership is designed to invest in GKY’s skilled and dedicated team and fits seamlessly with our dedication to providing outstanding value to our clients. The partnership will enhance and broaden our service offerings through the additional resources, capabilities, and scale provided by the True platform. True Environmental is a partner that aligns with GKY’s core values, respects our culture, and is committed to supporting our clients.”

“GKY has built a remarkable organization dedicated to actively involving its employees and delivering outstanding service to both private and public sector clients. We are excited to collaborate with GKY’s management team, owners Stuart Stein and Brett Martin, along with the entire GKY team, to provide high-quality solutions that tackle their clients' complex water resources and environmental challenges,” stated Jim Stamatis, CEO of True Environmental.

About Halle Capital

Halle Capital is a lower-middle market, growth-oriented private equity firm based in New York. The firm leverages its professionals' experience and network to pursue investment opportunities in healthcare services and business/consumer services. The firm partners with experienced management teams to build businesses in highly fragmented markets with durable secular tailwinds.

About True Environmental

True Environmental ("True"), backed by Halle Capital, is a platform focused on building a consulting and engineering organization for environmental end markets. True Environmental is led by Jim Stamatis, former CEO of Louis Berger and 30-plus-year industry veteran. True seeks to partner with founder- and employee-owned consulting and engineering firms, providing capital solutions to accelerate growth and liquidity events for ownership transition.

About GKY

GKY is a leading consulting group in Virginia, specializing in innovative water resources engineering, policy and planning, environmental science, and other support solutions. With over 45 years of experience, their state-of-the-art services are designed to help clients protect their communities from flooding and water pollution, improve efficiency, reduce costs, and navigate government processes for faster approvals. In addition to project work, GKY's experts conduct seminars nationwide on water resources engineering, policy and planning, and environmental science. GKY has been at the forefront of development in these fields for decades and continues to set standards today.

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