Halle Capital-backed True Environmental Announces Acquisition of Sikumiut Environmental Management Limited (SEM)

ST. JOHN'S, Newfoundland and Labrador--(BUSINESS WIRE)--Sikumiut Environmental Management Limited (“SEM”), a multidisciplinary environmental and technical services firm serving mining, utility, and energy clients across Newfoundland and Labrador, today announced that it has joined True Environmental, Inc. (“True”), a platform focused on collaborating with founder and employee-owned environmental consulting and engineering firms to provide capital and management support solutions to accelerate growth and facilitate seamless ownership transitions. The union further enhances True's mission of building a best-in-class environmental consulting and engineering platform.

Founded in 2002 and headquartered in St. John's, SEM provides environmental consulting, geomatics and GIS, digital solutions, stakeholder engagement, and technical staffing services. Together with Ensero Solutions, True's Canadian mining- and water-focused company operating in Western and Northern Canada, SEM extends True's platform into Atlantic Canada — creating a coast-to-coast Canadian presence serving mining, energy, utility, federal, and industrial clients.

SEM President, Grant Vivian, expressed his enthusiasm for the company's partnership with True Environmental, stating, “Joining True Environmental marks an exciting new chapter for our firm. This partnership is an investment in our people and in the future of what we can deliver for our clients. Through True's platform, we gain access to expanded resources, broader capabilities, and a network of like-minded firms — without sacrificing the culture, community relationships, and client focus that define us.”

Jim Stamatis, CEO of True Environmental, said, “SEM is exactly the kind of firm we seek to partner with. Grant, Stefan Cahill, Stephen Rowe, and the entire SEM team have built something remarkable — a technically strong, client-centered organization with deep roots in Newfoundland and Labrador, long-standing client relationships, and a genuine commitment to their people and their communities. Alongside Ensero, SEM gives True a true coast-to-coast Canadian platform, and we look forward to growing together.”

About True Environmental

True Environmental (“True”), backed by Halle Capital, is a platform focused on building a consulting and engineering organization for environmental end markets. True Environmental is led by Jim Stamatis, former CEO of Louis Berger and 30-plus-year industry veteran. True seeks to partner with founder- and employee-owned consulting and engineering firms, providing capital solutions to accelerate growth and liquidity events for ownership transition. For more information, please visit https://true-environmental.com/.

About Sikumiut Environmental Management

Sikumiut Environmental Management Limited (“SEM”) is a Newfoundland & Labrador-based multidisciplinary environmental and technical services firm founded in 2002, with offices in St. John's and Labrador City. SEM provides environmental consulting, geomatics, digital solutions, engagement, and technical staffing and recruitment services to mining, utility, and energy clients, and is registered as an Inuit Business with the Nunatsiavut Government. For more information, please visit https://www.semltd.ca/.

About Halle Capital

Halle Capital is a lower-middle market, growth-oriented private equity firm based in New York. The firm leverages a thematic approach to building businesses in essential services industries, focusing on markets with high fragmentation and durable secular tailwinds. The firm partners with experienced management teams to grow companies through acquisition and operational excellence. For more information, please visit https://hallecapital.com/.