8/102 sources · 2 publishersUpdated Oct 8, 16:41 UTC
Clean Harbors completes $470 million EnviroServe acquisition
Clean Harbors has closed its purchase of EnviroServe and related affiliates from One Rock Capital Partners for $470 million. EnviroServe operates in waste handling and site-cleanup work, with offerings that include rail support, industrial cleaning and emergency-response services. Clean Harbors said it will fold the business into its operations across North America.
Why it matters
The completed transaction adds EnviroServe's customer base and service network to Clean Harbors. Clean Harbors said it intends to use the combined companies' capabilities to broaden customer solutions.
Key facts
- 1One Rock Capital Partners completed the sale of EnviroServe and affiliated businesses to Clean Harbors for $470 million. stocktitan.net
- 2EnviroServe serves approximately 2,400 customers in the United States. stocktitan.net
- 3One Rock had acquired EnviroServe through a carve-out from Savage Companies. investing.com
- 4The purchase had been announced before its completion, and no terms beyond the price were disclosed. investing.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.