OMERS Private Equity and Alberta Investment Management Corporation, on behalf of certain of its clients (AIMCo), are to sell their majority stake in Environmental Resources Management (ERM) to KKR.

Since investing in ERM in 2015, OMERS Private Equity and AIMCo have worked closely with the Company and its management to support the business’ continued growth and development. This growth has been both organic and M&A-driven, with ERM having acquired and successfully integrated 14 highly complementary businesses during OMERS and AIMCo’s investment period.

During this period of sustained financial and operational success, ERM’s management team has been led by CEO Keryn James.

Read more at Private Equity Wire