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New Energy Management Consultancy Environ Set to Launch, Bringing Together Experienced Energy Services Teams

Hospital Energy joins with Gotham 360 team prior to rebranding as Environ

CHICAGO, Illinois—November XX, 2021—Environ, a leading energy consultant to companies seeking advanced sustainability strategies, today announced it has been formed through the rebranding of Hospital Energy and merger with Gotham 360. The newly-formed company brings two energy industry consultants together to offer best-in-class sustainability strategies and energy expertise to organizations with large and complex energy needs. The move was made possible with support from 424 Capital, a growth capital investor that works in partnership with founders and management teams to accelerate and scale for long-term growth

“The energy management world is increasingly sophisticated, and there are advantages that come with scale,” said chief executive officer of Environ, Mark Mininberg, who was founder and chief executive officer of Hospital Energy. “Our new incarnation with 424 Capital’s support and the expansion of our team gives us the ability to invest in the tools, processes and people that will enable us to lead the market in North America and beyond.”

Environ will offer a full range of services including sustainability, procurement, efficiency, resiliency and compliance to organizations across all sectors. It leverages the best practices and strong reputations of the teams that join Environ, building off Hospital Energy’s deep expertise from decades serving the healthcare sector and Gotham 360’s broad experience across a range of sectors primarily in the New York area.

“By joining with Environ, we are able to bring the rigor and expertise that our team is known for to a broader market,” said Jennifer Kearney, who joins the leadership team of Environ as a president and was founder and executive partner of Gotham 360. “’As we come together in this new company, we quickly realized our teams share a passion for promoting sustainability and complex energy problems with innovative, financially-smart strategies.”

The new company will be officially launching its brand with a website set to launch in early December.

About Environ

Environ is a national energy consulting firm that helps clients become more sustainable through improving building energy efficiency, facilitating clean energy procurement, increasing resilience, complying with regulations, and meeting ESG commitments. With a history that dates to the early 1990s and clients that span from healthcare to hospitality, industrial facilities to data centers, Environ has more than $X.XB in contracts under management, with >$XXXM in demonstrated savings for our clients.

Environ was formed when energy specialist Hospital Energy and New York consultancy Gotham 360 came together as part of 424 Capital’s portfolio of companies making a difference in the world. Headquartered in New York City, Environ has operations across North America.

About 424 Capital

424 Capital is a growth capital partner that invests in lower middle market companies within technology and tech enabled services. 424 Capital works in partnership with founders and management teams to accelerate and scale for long-term growth. Focusing primarily on investments in healthcare and renewable energy, we invest in, empower, and enable companies to step up, stand out, and make a difference in the world. For more information about 424 Capital, please visit 424capital.com.