Palmetto Air & Water Balance LLC, an environmental and water management services provider based in the United States, has acquired ETB Arizona, a local leader in TAB (Technology Assurance Bureau) services and fire and life safety certifications. The acquisition closed on June 4, 2025.
| Deal-at-a-Glance | |
| Acquirer: | Palmetto Air & Water Balance LLC (US) |
| Target: | ETB Arizona (US) |
| Type of Deal: | Acquisition |
| Closed on: | June 4, 2025 |
| Deal Value: | Undisclosed |
| Buy-Side Advisors: | Deerpath Capital Management |
| Sell-Side Advisors: | Not disclosed |
| Legal (buy-side): | Nelson Mullins Riley & Scarborough |
| Legal (sell-side): | Not disclosed |
The acquisition of ETB Arizona by Palmetto Air & Water Balance LLC aims to strengthen its presence in the Phoenix metropolitan area, a region experiencing significant growth and demand for environmental services. With this deal, Palmetto seeks to integrate ETB Arizona’s specialized TAB service offerings and fire safety certifications into its broader portfolio.
Palmetto Air & Water Balance LLC is expanding its market footprint by acquiring ETB Arizona, a well-established provider in the Greater Phoenix area. This strategic move enhances Palmetto's capabilities in providing critical environmental services such as water management and air quality solutions while also boosting its offerings in fire safety.
ETB Arizona’s strong reputation for delivering TAB certifications and fire safety standards complements Palmetto Air & Water Balance LLC’s existing service lines. The acquisition positions Palmetto to better serve commercial and industrial clients within the rapidly expanding Phoenix market, which is known for robust economic activity and increasing regulatory requirements.
Palmetto Air & Water Balance LLC was advised by Deerpath Capital Management on financial matters. Legal counsel for the buyer included Nelson Mullins Riley & Scarborough. The sellers were represented by undisclosed advisors on both the financial and legal fronts.
The acquisition is expected to facilitate a smoother transition of services and technology integration, thereby allowing Palmetto Air & Water Balance LLC to quickly realize synergies in its growing Phoenix market operations.