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Solutions for a healthier, safer, and more resilient environment.


True Environmental (“True”) is building a diversified environmental services organization focused on consulting and engineering, water/wastewater management, testing/analytical services, and value-add remediation services. True is led by a seasoned executive, Jim Stamatis, who has a long career in engineering with a focus on environmental end markets.

True Environmental


Investment in talent to drive organic growth

Improve operational performance through investment in infrastructure and technology

Professionalize and centralize functional areas (e.g., HR, marketing) to gain efficiencies and operating leverage

Experienced team to execute strategic M&A

Develop and augment management team for growth

Enhanced wealth creation opportunity for sellers and remaining professionals

Flexible transaction structures to meet a seller’s unique needs

We seek to partner with management teams to help propel their business to the next stage of growth. By offering flexible transaction structures, we are able to tailor solutions to meet a seller’s unique needs, including ownership transition, growth capital, partial liquidity, and others.










Jim Stamatis – CEO

Jim is the CEO of True Environmental. Mr. Stamatis has over three decades of experience in the environmental industry. An environmental engineer by training, he joined Louis Berger in 1985 and, after responsibilities including President of International and President of North America, was appointed CEO of the company in 2015. During his tenure as CEO, Mr. Stamatis grew the company’s revenues by 65 percent and the company’s earnings by more than 600 percent. In addition to organic growth, Jim oversaw acquiring and integrating several strategically important businesses under a unified company brand. He extended his company’s service offerings to new and existing clients and geographies, leading to accretive growth synergies. He also built a best-in-class management team and implemented several successful company-wide programs, including project management training, inclusion and diversity, and Zero Harm health and safety. In 2018, he led Louis Berger’s successful sale to WSP, a publicly traded global professional services firm. Mr. Stamatis has a BS in Civil Engineering from NJIT.

Jay Abramson – Director

Jay is a Senior Partner at Halle Capital. Prior to joining Halle, Jay Abramson was the CEO and Co-CIO of Cramer Rosenthal McGlynn, an asset management firm where he worked for 34 years. Jay has more than three decades of experience investing across a variety of environmental services businesses, including those focused on water quality, treatment, resource development, and conservation. Representative companies included: ITT/Xylem, Mueller Water, Pall, Calgon Carbon, Pentair, Ecolab, Clean Harbors, and American Water Works. Additionally, Jay served on the Board of Western Water, a company focused on developing water resources and water reuse in Colorado and California.

Jay serves on the Board of Trustees of Montefiore Health System (“MHS”) and the Albert Einstein College of Medicine (“AECM”). He is the Chair of both MHS and AECM’s Investment Committees. Jay served as an Overseer at the Weitzman School of Design at the University of Pennsylvania, where he graduated with degrees from the Wharton School (BSE) and the Law School (JD).

JP Gutfreund – Director

JP is the Founder and Managing Partner of Halle Capital. Prior to founding Halle, JP was Director of Research at Glenview Capital Management. JP is a member of the Investment Committee and serves on the Board of Trustees for the Montefiore Health System. He has a BA from New York University.

Mark McKenna – Director

Mark is a Principal at Halle Capital. Prior to joining Halle, Mark McKenna was an investor at Clayton Dubilier & Rice, where he evaluated investments across healthcare, business services, industrials, and consumer industries. Mark began his career in investment banking at Morgan Stanley. He received a BSBA from Georgetown University.

True Environmental
c/o Halle Capital
767 5th Ave, FL 44
New York, NY 10153