Cultural Resource Management Firm ASM Affiliates Acquires Rechtman Consulting

Bob Rechtman and team join new entity ASM Hawaii

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Dec 03, 2013, 08:30 ET

HILO, Hawaii, Dec. 3, 2013 /PRNewswire/ -- Rechtman Consulting has been acquired by ASM Affiliates (ASM). Going forward the company will operate as ASM Hawaii. Bob Rechtman will be leading ASM Hawaii as Managing Director for its Hawaii and Pacific operations. The transaction involved the assets of Rechtman Consulting including its existing contracts and proposals. All the current employees have joined ASM Hawaii. Henberger served as the exclusive advisor to ASM. Financial terms were not disclosed.

"Rechtman Consulting's reputation, its book of business and Bob Rechtman's desire to join a larger entity, thereby allowing him to focus on his work and his clients, attracted us to this opportunity," says ASM's COO Bill Graham, who spearheaded the initiative. "To better serve our existing clients we had been looking for a while to expand our geographic footprint to Hawaii and the Pacific. The addition of Bob Rechtman and his team will allow us to accelerate our ability to meet the needs of our clients," added John Cook, CEO of ASM.

"I am excited about the opportunities this acquisition provides to me and my employees," says Bob Rechtman, Managing Director ASM Hawaii. "The cultural resource management industry today requires marketing and financial resources that, as a small operator, Rechtman Consulting was no longer able to afford on its own. I believe that ASM's values and mine are closely aligned. Together we will be able to better serve our existing clients and expand into new markets that we were previously not able to enter."

About ASM Affiliates

Founded in 1977, ASM Affiliates is a leading cultural resource management (CRM) firm in the western United States. ASM provides high-quality archaeological and historical research as well as environmental regulatory compliance services to the Department of Defense, federal land management entities and private clients developing infrastructure and extracting resources. Headquartered in Carlsbad, California, ASM operates offices in California, Idaho, Nevada, Utah, Washington and Wyoming and now Hawaii (www.asmaffiliates.com).