WAYNE, PENNSYLVANIA – 11/07/25

Falcon Capital Partners, LLC (“Falcon”), a leading middle-market investment bank, is pleased to announce the sale of BrightFields, Inc. (“BrightFields”) to Terraphase Engineering (“Terraphase”).

Headquartered in Wilmington, DE on a reclaimed landfill site – an emblem of its mission to revitalize environmentally impacted and economically disadvantaged areas, BrightFields has been turning “brownfields into “BrightFields” for over 20 years.

BrightFields specializes in the cleanup and redevelopment of contaminated sites, particularly brownfields. They offer their clients the technical depth of a large firm with the agility and client focus of a boutique provider. They deliver superior expertise across site investigation, remediation, compliance, redevelopment, and ecological restoration projects. This transaction with Terraphase will further expand BrightFields’ reach nationally, and expand the breadth and depth of environmental and remediation services they can provide for their clients.

Falcon served as exclusive financial advisor to BrightFields. “Falcon was honored to advise Marian Young and Mark Lannan, co-founders of BrightFields, in this transaction” said Steve Wasylenko, Vice President at Falcon. “Marian and Mark built a highly professional and technically advanced environmental consulting firm recognized for its excellence and client dedication. Through this transaction, Terraphase will strengthen its presence in the Mid-Atlantic region by joining forces with industry-leading professionals, while BrightFields will gain access to expanded expertise and service offerings to deliver even greater value to its clients.”

Marian Young, Co-Founder and President said: “We were previously approached by strategic acquirers and attempted to manage the sale process on our own, but ultimately, we were not successful. That’s when we engaged Falcon, who designed and executed a disciplined, highly professional sell-side process that delivered an outstanding result for the BrightFields Team. We are extremely pleased with the outcome and deeply appreciate the dedication, expertise, and strategic insight that Steve Wasylenko and his team brought to the engagement. We would enthusiastically recommend Falcon to any prospective seller. We are very excited to join Terraphase and look forward to serving our customers at an even higher level.”

The terms of the transaction were not disclosed. This transaction represents Falcon’s continued expertise in Human Capital Business Services within the Lower-Middle-Market. The Falcon deal team was led by Managing Director Mark Gaeto, Vice President Steve Wasylenko, and Senior Associate Rob Purcell.

For more information, please contact:

Mark Gaeto | mgaeto@falconllc.com
Steve Wasylenko | swasylenko@falconllc.com