Obernel, CMTA announce merger
Tuesday, January 04, 2022
CMTA of Louisville, Kye., has merged with its sister company, Duluth-based Obernel Engineering. The combined firm benefits each company by increasing their geographic reach, ability to provide high-performance and energy-efficient solutions to their clients, and a new depth of engineering services, they said in a Monday news release. Operating as CMTA, the firm focuses on zero energy building design, carbon neutrality, scalable renewable design and delivering environmental, social, governance) solutions to the Midwest market.
The two companies joined Therma Holdings LLC, a Blackstone portfolio company, in the second quarter of 2021. They said CMTA and Obernel have similar visions, values, services, and markets within their organizations, which prompted the merger.
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Category: Investors