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April 24, 2014
LVI Services Inc. Completes Merger with NCM Group Holdings, LLC to form NorthStar Group Holdings, LLC

LVI Services Inc., a portfolio company of Chicago-based CHS Capital™, completed a merger with NCM Group Holdings, LLC (a portfolio company of Seattle, WA-based Evergreen Pacific Partners) to form NorthStar Group Holdings, LLC. With combined annual gross revenues approaching $600 million and nearly 50 offices nationwide, NorthStar will be the foremost solution provider of environmental remediation, deconstruction and demolition, nuclear decommissioning, emergency response services and asset recovery management.

“Both LVI and NCM have exceeded their customers’ expectations with their diverse specialty project experience,” said LVI CEO Scott State, who will serve as NorthStar CEO. “By combining the two organizations, NorthStar customers will benefit from specialized resources and broad geographic readiness.”

Brian Simmons, Managing Partner of CHS Capital, said, “Merging the country’s two preeminent demolition and remediation services companies will leverage the complementary strengths of both to serve complex projects for industrial, commercial and government clients.”

Founded in 1986, LVI Services’ mission is to provide the most cost-effective, schedule-efficient, high-quality environmental remediation and emergency response services available nationwide and to exceed client expectations. With turnkey offerings from lead paint and asbestos abatement to complete demolition, LVI has worked with some of the largest companies in the country on their facility service needs. LVI is also able to be on site quickly after disaster strikes with personnel and equipment to get its clients’ businesses back online as rapidly and with as little business interruption as possible. The company is headquartered in New York City. For additional information, please visit www.lviservices.com.

CHS Capital is a Chicago-based private equity firm with 25 years of experience investing in the middle market. Through partnerships with strong management teams, CHS Capital aims to accelerate earnings growth and drive value creation through human capital initiatives, performance improvement actions and strategic growth activities. Throughout its history, CHS Capital has made investments in 395 businesses and invested $2.9 billion of capital. For additional information, please visit www.chsonline.com.