Acquisition Implications Penoco, Inc. was acquired by EHC Associates in December 2025, presenting an opportunity to engage the parent company with Penoco’s existing environmental remediation services and any complementary offerings to expand cross-sell opportunities across the Mid-Atlantic region.

Expansion Readiness With a footprint near State College, PA and licensed capabilities in Pennsylvania and Maryland, Penoco shows potential for growth through targeted bids on state and municipal environmental projects, as well as expansion into higher-demand asbestos, mold, radon, and lead-based testing services.

Financial Scale Current revenue range of 10 to 25 million indicates a solid mid-market profile suitable for value-added services, contract expansions, and strategic partnerships with suppliers or service integrators to upsell bundled environmental remediation and demolition offerings.

Tech & Compliance Existing tech stack and compliance posture position Penoco to leverage digital project management, analytics, and customer engagement tools for streamlined bidding, reporting, and customer retention, enabling easier coordination with larger counterparties and GCs.

Key Services Fit Core specialties in asbestos, mold, radon, lead testing, plus ancillary services like interior demolition and floor prep create cross-sell potential to construction firms, environmental firms, and facilities managers seeking end-to-end contamination remediation and site readiness.