Matrix New World Engineering announces partnership with Halle-backed True Environmental

Matrix New World Engineering last week said it partnered with Halle Capital-backed True Environmental, a platform focused on collaborating with founder- and employee-owned consulting and engineering firms to help provide capital solutions to accelerate growth and liquidity events for ownership transition.

Matrix said this is a significant milestone for it, as it supports its vision of investing in its talented and dedicated people to better serve its clients.

Jayne Warne, founder and president of Matrix New World, commented: “This partnership is a significant milestone in Matrix New World’s continued evolution, supporting our vision of investing in our talented and dedicated people to better serve our clients. In True Environmental, we have found a group that shares our values, respects our culture and is committed to supporting our growth. The infusion of expertise from True Environmenntal’s leadership team and the talented staff of Matrix will enhance our position as a preferred employer for innovative planners, engineers and scientists.”

“We could not be more excited to partner with Jayne and the Matrix leadership team to create the foundation upon which to build a world-class environmental, engineering and infrastructure consulting firm. In addition, we are fortunate to have assembled a very experienced management team at True Environmental, who will be great thought partners in helping the Matrix team achieve their long-term goals,” Jay Abramson, senior partner at Halle Capital, said.

TD Cowen served as exclusive financial adviser to Matrix New World and Cole Schotz served as legal counsel.