M&A Deal Summary |
|
|---|---|
| Date | 2024-02-12 |
| Target | Oak Ridge Waste & Recycling |
| Sector | Environmental |
| Buyer(s) | Interstate Waste Services |
| Sellers(s) |
Summer Street Capital Partners
Ironwood Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Stifel, Nicolaus & Co., Inc. (Financial) Whiteman Osterman & Hanna (Legal) |
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Interstate Waste Services is a provider of solid waste collection, transfer, recycling, and disposal services serving. Interstate Waste Services is based in Teaneck, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Environmental) | 4 of 4 |
| Type (Add-on Acquisition) | 4 of 4 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-10 |
Solterra Recycling Solutions
Old Bridge, New Jersey, United States Solterra Recycling Solutions is a provider of non-hazardous solid waste, organic waste, and recycling collection to over 30 municipalities, 400,000 residential households and 2,000 commercial customers throughout central and northern New Jersey as well as the Philadelphia metropolitan area. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 480M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Summer Street Capital is a private equity firm that targets investments in lower middle-market companies located in the Eastern and Midwest areas of the US as well as Southeastern Canada. Summer Street seeks to invest in platform companies generating revenues of at least $10 million. Broad ares of interest include environmental, niche manufacturing, and business services, Prospective transaction situations include growth capital financings, management buyouts, corporate divestitures, generational transitions, and recapitalizations. Summer Street Capital was formed in 1999 and based in Orchard Park, New York.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector (Environmental) | 5 of 5 |
| Type (Add-on Acquisition) | 7 of 7 |
| State (Connecticut) | 1 of 1 |
| Country (United States) | 16 of 16 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-28 |
Ira Green
Providence, Rhode Island, United States Ira Green is a full-service manufacturer and distributor of nearly 40,000 unique items for the military. Ira Green was established in 1943 and is based in Providence, Rhode Island. |
Sell | $53M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 1.0B USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ironwood Capital is a private investment firm that makes equity and subordinated debt investments in lower middle-market companies. Investment proceeds are generally used to support leveraged buyouts, growth financings, and recapitalizations. Investments typically range from $5 to $20 million in companies generating $20 to $200 million in annual sales. Target sectors include healthcare products/services, value-added manufacturing, business services, consumer products, specialty distribution, and education. Ironwood prefers opportunities East of the Mississippi, but will selectively consider investments in the Western US. The Firm's investment horizon is three to five years. Ironwood Capital was formed in 2002 and is based in Avon, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 51 |
| Sector (Environmental) | 12 of 12 |
| Type (Add-on Acquisition) | 31 of 31 |
| State (Connecticut) | 14 of 14 |
| Country (United States) | 51 of 51 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-02 |
Pro Disposal
Ridgeland, South Carolina, United States Pro Disposal is a vertically integrated waste management service provider permitted to handle waste from initial collection to final disposal. Pro Disposal was founded in 2006 and is based in Ridgeland, South Carolina. |
Sell | - |
