Deals
Omers Is Said to Mull Up to $2.5 Billion Sale of ERM Consultancy
- Canadian investor speaks with advisers on options for ERM
- Firm capitalizing on demand for specialist sustainability work
ERM advises companies in industries from mining to manufacturing on the environmental and social impact of their operations.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Omers Private Equity is weighing options for ERM Group Inc., including a potential sale that could value the sustainability consultancy at as much as $2.5 billion, people familiar with the matter said.
The unit of Canada’s Ontario Municipal Employees Retirement System is speaking with potential advisers about strategic alternatives for the business, the people said, asking not to be identified discussing confidential information.