An environmental services firm (ESF) was providing due diligence, site assessment, and remediation services for an international pharmaceutical company that wanted to divest of two contaminated properties. The pharmaceutical company was unable to find a purchaser because of pending litigation involving environmental contamination. The ESF firm recommended that its client engage ECAP to find a solution.
ECAP delivered a qualified buyer willing to pay full asking price for the properties, secured project financing, and mitigated potential liability risks through negotiated insurance policies. The ESF firm received a substantial referral bonus from ECAP and greatly enhanced its reputation with the client and attorneys.