Ash Union

What Ash Union does

Ash Union is an Indianapolis-based property investment group that manages environmental cleanup of contaminated properties and transforms them into viable real estate, founded in 2018 and operating with 1-10 employees. The firm runs three integrated service lines: Property Transaction Management (sourcing contaminated sites where the responsible party is solvent or carries adequate historical commercial general liability insurance), Property Remediation (managing site investigation and cleanup through select consultants under guaranteed fixed-fee agreements to obtain regulatory closure), and Property Development (partnering with municipalities and developers to secure property entitlements and execute public-private partnerships). A supporting Claims Management capability pursues insurance recoveries from historical owners' carriers, and a Properties Portfolio marketplace lists available sites for lease or sale. The firm works with municipalities (City of Madison, City of Lebanon, St. Joseph County/Mishawaka commissioners), enterprise law firms (Ice Miller on 50+ projects, Taft Law), real estate developers (Riser Realty Group, Madison development group, Crown Point shopping center developer), and SMB property owners (Pearl Cleaners). Its revenue streams are project-based: transaction fees on property acquisitions, managed services fees on remediation oversight, and professional services fees on entitlements and public-private partnership coordination. There is no proprietary technology platform; the firm is a relationship-driven professional services and principal-investment business with all 10 documented case studies located in Indiana.

Name

Ash Union

Legal name

Ash Union

Website

https://ashunion.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Ash Union is an Indianapolis-based property investment group that manages environmental cleanup of contaminated brownfield properties and transforms them into viable real estate, serving municipalities, developers, property owners, and legal partners across Indiana.

Ownership category

akta.pro rank

Product category

Brownfield Remediation Services

NAICS

Remediation Services (562910), Hazardous Waste Treatment and Disposal (562211), Waste Management and Remediation Services (562)

SIC

Hazardous Waste Management (4955), Real Estate (6500)

akta.pro primary industry

Brownfield Site Assessment & Remediation (BPALAKAA)

akta.pro secondary industries

Ash & Residue Handling/Disposal (Bottom Ash, Fly Ash, APC Residues) (BPALACAJ), Site Assessment & Remediation (Phase I/II, Cleanup Oversight) (BPAHAJAC), Industrial & Commercial Waste Incineration (Non-hazardous) (EUAAAKAC)

Keywords

• Brownfield remediation
• Environmental cleanup services
• Contaminated property redevelopment
• Property transaction management
• Environmental claims management

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Others

Revenue model

1. Property Transaction Management Services: Fees earned for identifying, evaluating, and acquiring contaminated properties on behalf of clients. Revenue is generated through successful property transactions and project completion.
2. Environmental Remediation Management: Management fees for overseeing environmental cleanup activities, coordinating with environmental consultants, and obtaining regulatory closure.
3. Property Development and Entitlement Services: Revenue from partnering with municipalities and developers to obtain property entitlements and coordinate public-private partnerships for redevelopment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ash Union is a property investment group that manages the environmental cleanup of contaminated (Brownfield) properties and transforms them into viable real estate. The firm identifies contaminated properties where responsible parties are solvent or have historical CGL insurance, manages remediation through fixed-fee environmental consultants, pursues insurance claims to fund cleanup, and partners with municipalities and developers to obtain entitlements for redevelopment.

Product overview

Ash Union operates as a unified property investment and remediation platform consisting of three integrated service lines: Property Transaction Management (acquisition of contaminated properties through databases and relationships), Property Remediation (environmental cleanup managed via fixed-fee agreements with consultants), and Property Development (entitlements and public-private partnerships for redevelopment). Supporting services include Claims Management for pursuing insurance coverage and a Properties Portfolio for listing available sites.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Transaction Management Acquires environmentally contaminated properties on behalf of clients by leveraging long-standing relationships and property databases, targeting sites where the contaminating party is solvent or had adequate historical CGL insurance to fund cleanup and address long-tail liabilities.
• Property Remediation
• Property Development
• Claims Management
• Properties Portfolio

Quantifiable outcome

• Over 50 projects brokered with successful insurance coverage and environmental cleanup outcomes
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, flagship and supporting.

• Ice Miller (Law Firm)coreImplementation/ SI/ Consulting PartnerBrent Huber, Partner at Ice Miller, has provided legal services on insurance coverage and insurance defense work on over 50 projects that Ash Union brokered. This long-standing relationship has produced 'tremendous monetary results for clients, while cleaning up the environment and restoring property value.' Ice Miller serves as a key legal partner managing the complex insurance claims and coverage issues inherent in contaminated property transactions.
• Taft LawcoreImplementation/ SI/ Consulting PartnerDavid L. Guevara, Ph. D., Partner at Taft Law, describes Ash Union as having 'shown an extensive track record of strategizing and executing successful plans by putting its own money into the process over and over to perfect the business models.' Taft Law partners with Ash Union on legal strategy for environmental claims monetization and business model development.
• Indiana Economic Development CommissioncoreStrategic or Co-development PartnerAsh Union obtained redevelopment tax credits through the Indiana Economic Development Commission for the Lebanon, Indiana brownfield project. This partnership enables Ash Union to secure public incentives that improve project economics and facilitate light manufacturing or logistics development.
• City of Lebanon, IndianacoreStrategic or Co-development PartnerFollowing an Ash Union presentation, the Mayor of Lebanon engaged Ash Union to address a brownfield property that was blight to the neighborhood at the head of the city's new trailhead. Ash Union coordinated property acquisition and obtained redevelopment tax credits through both the IEDC and the City of Lebanon.
• City of Madison, IndianaflagshipStrategic or Co-development PartnerAsh Union worked with the City of Madison to expand the downtown redevelopment plan, which resulted in the City receiving the prestigious Stellar Grant from the Indiana Lieutenant Governor's office—a multi-year, multi-million-dollar investment initiative. Ash Union then managed environmental cleanup, environmental claims, and coordinated the sale of the property to a development group.
• Select Environmental ConsultantscoreStrategic or Co-development PartnerAsh Union works with select environmental consultants that provide guaranteed fixed-fee remediation agreements. These partnerships are essential to Ash Union's ability to evaluate environmental due diligence, determine cleanup costs, manage site investigation and remediation activities, and obtain regulatory closure while working in parallel with developers.
• Developers (Municipalities and Private)coreStrategic or Co-development PartnerAsh Union partners with municipalities and developers to obtain property entitlements for future development. Through public and private partnerships, Ash Union cleans up blight that has adversely affected the redevelopment of cities and towns, enabling developers to acquire remediated properties for new construction.
• Financial Institutions / LenderssupportingOthersAsh Union works with banks and lenders to get them 'comfortable with the environmental liability,' enabling clients to secure bank financing for contaminated property acquisitions. This capability is demonstrated in the Indianapolis auto service center case where bank financing was procured after establishing the extent of environmental impacts.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• GHD: GHD is an international engineering, architecture, and environmental consulting firm with significant site assessment and remediation work. Comparable as a broad incumbent offering Phase I/II ESA, remediation design, and redevelopment advisory services to property owners and developers.
• Terracon Consultants: Terracon is one of the largest U.S. geotechnical and environmental consulting firms with a substantial brownfield and site remediation practice. Comparable as a national incumbent delivering Phase I/II ESA, remediation design, and construction oversight for contaminated property clients.
• AECOM: AECOM is a global infrastructure consulting firm with a major environmental remediation practice covering brownfield site assessment, cleanup oversight, and redevelopment support. Comparable as a much larger, full-service environmental services provider addressing the same contaminated-property market through a broader portfolio.
• TRC Companies: TRC is a national environmental, engineering, and consulting firm with deep brownfield assessment and remediation capabilities. Comparable as an established incumbent providing Phase I/II ESA, cleanup oversight, and regulatory closure services — the core technical functions Ash Union coordinates with consultants.
• Ramboll: Ramboll is an international engineering and environmental consultancy with significant brownfield redevelopment and site remediation practices. Comparable as a broad environmental services provider working with property owners, developers, and public-sector clients on contaminated property transactions.
• Langan Engineering & Environmental Services: Langan is a major engineering and environmental consulting firm with deep experience in urban brownfield redevelopment and site remediation. Comparable as a broad incumbent serving real estate developers, municipalities, and property owners on complex contaminated-property projects.
• Haley & Aldrich: Haley & Aldrich is an environmental and engineering consulting firm specializing in site characterization, remediation, and redevelopment of contaminated properties. Comparable as an established technical services provider for the same brownfield value chain Ash Union orchestrates.
• Pinchin: Pinchin is a North American environmental, engineering, and building sciences firm with a dedicated brownfield and contaminated sites practice. Comparable as a regional-to-national environmental consulting provider delivering site assessment, remediation, and redevelopment advisory services.
• ERM (Environmental Resources Management): ERM is one of the world's largest pure-play environmental and sustainability consultancies with extensive brownfield and contaminated site services. Comparable as a global incumbent addressing the same end market through a broader sustainability, EHS, and remediation portfolio.

Emerging players

• The Vertex Companies: Vertex is a growing environmental, engineering, and construction services firm with meaningful brownfield assessment and remediation exposure. Comparable as an emerging player offering integrated remediation and redevelopment services to similar property owner and developer clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AshUnion
• LinkedInlinkedin.com/company/ash-union

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ash Union