M&A Unplugged

18. Environmental Due Diligence with Tim Allen


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In this episode, Domenic and Tim Allen discuss:

  • Phase 1 reports and when they are needed
  • Phase 2 if your report has REC's impacting the property
  • Phase 3 remediation
  • Defensive Environmental consulting

Key Takeaways:

  • R.E.C. Recognized environmental concern and responses until the problems
  • The bank and their risk department decide what the next step is going to be
  • If you don't do a phase 1, then you bought the liability when you bought the building
  • You can use actual science and regulations to prove REC's aren't a problem

"I give peace of mind to banks, business buyer and sellers, and commercial lenders that their investments are safe from environmental risk. " — Alisa Allen

About Tim and Alisa Allen: It started with a passion for rocks and an amazing professor at Lawrence University in Appleton, Wisconsin. It took me to the University of Florida for a master's degree then back to Chicago, to my roots. I've spent the better part of two decades guiding engineers, architects, and builders through state and federal regulatory mazes. I give peace of mind to banks, business byers and commercial lenders that their investments are safe from environmental risk. I test and clean soil and groundwater to keep people safe from toxins that unfortunately get spilled from time to time. I love my career because it gives me the opportunity to make a positive impact on the environment and the world around me. I look forward to working with you on your next project.

Connect with Tim Allen:

Website: a3e.com/

Email: [email protected]

Phone: (630) 935-4363

LinkedIn: a3-environmental-llc/

Connect with Domenic Rinaldi:

Sun Acquisitions Website: www.sunacquisitions.com

M&A Unplugged Website: www.maunplugged.com

Email: [email protected]

Linkedin:

Domenic Rinaldi: https://www.linkedin.com/in/domenicrinaldi/

Sun Acquisitions: https://www.linkedin.com/company/sun-acquisitions-llc/

Facebook:

Sun Acquisitions: https://www.facebook.com/sunacquisitions/

M&A Unplugged: https://www.facebook.com/MAUnplugged/

Twitter:

@SunAcquisitions https://twitter.com/SunAcquisitions

@M_A_Unplugged https://twitter.com/M_A_Unplugged

Instagram:

@sunacquisitions https://www.instagram.com/sunacquisitions/

@ma_unplugged_podcast https://www.instagram.com/ma_unplugged_podcast/

YouTube:

Sun Acquisitions: https://www.youtube.com/channel/UCm6H7kkMD6nnXFuHgqx9Ikg

Show notes by Podcastologist: Kim Mavy

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

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M&A UnpluggedBy Domenic Rinaldi

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