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Paramax Advises SJB Sale to Atlantic Labs

About the Transaction

Atlantic Testing Laboratories, Limited (“ATL”) finalized a purchase of assets from SJB Services, Inc. (“SJB”) on March 31, 2023 with the help of Paramax Corporation. The acquisition included the purchase of SJB’s office and accredited laboratory facility in Hamburg, NY, and drilling and testing equipment from its Hamburg, Rochester, and Cortland locations. ATL has also added SJB staff to ATL’s Team.

SJB was established in 1992 and has been a leading and respected specialty engineering and support service firm in the Northeast providing a full suite of services, including, construction materials testing, subsurface investigations, geotechnical laboratory testing, forensic analysis, and environmental services. SJB’s ownership and multi-disciplinary team worked hard for many years to build a valued client base and successfully completed thousands of challenging projects.

The buyer, ATL (www.atlantictesting.com) has over 55 years of experience providing technical support services to a wide range of clients and projects throughout New York State and into various parts of the Northeast and Mid-Atlantic regions. The main categories of services performed include subsurface investigation on land and water, geotechnical engineering, environmental (including asbestos, lead, and tank testing), special inspection and construction materials testing, laboratory testing (aggregates, geotechnical, thermal resistivity, and concrete petrography), and non-destructive testing services. ATL maintains AASHTO accredited, CCRL evaluated, and U.S. Army Corps of Engineers validated laboratories. ATL is certified as a Women’s Business Enterprise (WBE) by the New York State Department of Economic Development, along with several other states and local WBE certifying agencies.

This strategic acquisition for ATL will achieve geographic expansion and increase the capacity of core service capabilities. ATL management had the following to say regarding the acquisition, “The resources acquired from SJB will greatly enhance ATL’s ability to accomplish our goals of growing and providing quality services. Overall, this is an extraordinary opportunity and an epic time in ATL’s history. We look forward to seeing this growth opportunity take shape and lead to further success for ATL!”

 

Tombstone for Paramax Advised on the Sale of SJB Services to Atlantic Testing Laboratories