For Immediate Release:
April 24, 2014
Contact: LVI PR: (877) 584-5156
LVI Services Inc. and NCM Group Holdings, LLC Combine to form NorthStar Group Holdings, LLC the Largest
Demolition and Environmental
Remediation Company in the United States
(New York, NY and Brea, CA) April 24, 2014 – LVI Services Inc. (LVI) and NCM Group
Holdings, LLC (NCM), the two leading providers of demolition and remediation services in the
country, announced today they have agreed to merge, forming NorthStar Group Holdings,
LLC (NorthStar). With combined annual gross revenues approaching $600 million and nearly
50 offices nationwide, NorthStar will be the foremost provider of environmental remediation,
deconstruction and demolition, nuclear decommissioning, emergency response and asset
LVI and NCM are both led by highly experienced management teams with a mutual vision for
the future of the combined company. Leading the newly formed company will be CEO Scott E.
State, P.E. currently President & CEO of LVI, and President Subhas “Sage” Khara, currently
President & CEO of NCM. Khara and LVI COO John Leonard will manage the day-to-day
operations of the NorthStar organization.
“Both LVI and NCM have earned the confidence of their clients by not only meeting objectives,
but exceeding expectations with respect to their diverse and considerable specialty project
experiences,” said LVI President & CEO, and NorthStar CEO Scott E. State. “By combining the
two organizations, the customers of NorthStar will benefit from a unique blend of professional
expertise, specialized resources and broad geographic readiness at a previously unequalled
scale in the facility contracting sector.”
NorthStar’s exceptional safety record will remain primary to the company’s mission and the
company’s comprehensive insurance program will also provide a large breadth of coverage for
both owners and general contractors. LVI has a history of industry leading expertise in its three
primary service line offerings: environmental remediation, deconstruction and decommissioning
and emergency response, and is particularly known for its rapid deployment capabilities. NCM
has become a national one-stop provider of demolition, dismantling, asset and scrap recovery,
remediation (asbestos, lead, mold and soil) and disaster response. The two companies have
decades of experience with Fortune 500 companies and public sector clients at the local, state
and federal levels.
“Our decision to merge the country’s two most accomplished deconstruction and environmental
remediation companies is intended to leverage the best, complementary resources of both to
meet the most demanding, complex projects for industrial, commercial and government clients,”
according to Sage Khara, NorthStar President. “The synergies will allow us to serve our clients
with a broader set of service offerings.”
About LVI Services Inc.
Founded in 1986, LVI Services’ mission is to provide the most cost-effective, schedule-efficient, high-quality environmental remediation
and emergency response services available nationwide and to exceed client expectations. With turnkey offerings from lead paint and
asbestos abatement to complete demolition, LVI has worked with some of the largest companies in the country on their facility service
needs. LVI is also able to be on site quickly after disaster strikes with personnel and equipment to get its clients’ businesses back
online as rapidly and with as little business interruption as possible. The company is headquartered in New York City.
About NCM Group Holdings, LLC
With decades of project experience, NCM Group Holdings, LLC was formed when management and Evergreen Pacific Partners acquired and
integrated Nuprecon, CST Environmental and MARCOR. In addition to plant decommissioning and demolition services, the company offers a
complete range of turnkey remediation and recovery services including: concrete sawing, drilling, abatement services, C&D material
recycling services and site preparation.