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Rocklin's Wildlands expands into Southeast with purchase of Acer Environmental
By Mark Glover - mglover@sacbee.com
Published 3:39 pm PDT Monday, May 5, 2008
Wildlands Inc., a Rocklin-based environmental mitigation and banking firm, said Monday that it has acquired Acer Environmental Inc., an environmental and engineering firm with offices in the southeastern United States.
Financial terms were not disclosed.
"Acer's talented mitigation banking and ecological restoration team will provide a perfect fit for expanding our services in the Southeast and working toward our nationwide conservation and restoration goals," said Steve Morgan, chairman and chief executive of Wildlands.
Acer, which has offices in Atlanta and Raleigh, N.C., has a staff of 20 whose expertise ranges from custom mitigation bank development and land management to traditional consulting services for wetland and stream restoration, permitting and natural resource management.
Wildlands, a private company that expands to 89 employees with the Acer acquisition, was formed in 1991 and has been involved in projects throughout the West.
The company said it has preserved and protected more than 30,000 acres of habitat to date.
Wildlands invests in land acquisition and uses in-house experts in biology, hydrology, design and construction to restore wetlands and protect endangered species habitats. The company works closely with local, state, and federal agencies.
The company creates environmental credits that it sells and trades on the open market to public agencies, private developers and financial institutions to mitigate environmental impacts and enable developers to complete projects in a timely manner.
Wildlands Inc., founded in 1991, said the environmental mitigation bank it opened in 1994 was the first west of the Mississippi River.
Wildlands also has offices in Clovis; Charlotte, N.C.; and Marysville, Wash.
About the writer:
- Call The Bee's Mark Glover, (916) 321-1184.
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