M&A Deal Summary

The Firmament Group Acquires Whitecap Waste

On May 14, 2024, family office The Firmament Group acquired environmental company Whitecap Waste from Mollitiam Holdings

Acquisition Highlights
  • This is The Firmament Group’s 2nd transaction in the Environmental sector.
  • This is The Firmament Group’s 15th transaction in the United States.
  • This is The Firmament Group’s 1st transaction in West Virginia.

M&A Deal Summary

Date 2024-05-14
Target Whitecap Waste
Sector Environmental
Buyer(s) The Firmament Group
Sellers(s) Mollitiam Holdings
Deal Type Recapitalization

Target

Whitecap Waste

Beckley, West Virginia, United States
Whitecap Waste is a provider of waste management services for residential, commercial, and industrial. Whitecap Waste is based in Beckley, West Virginia.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

The Firmament Group is a family backed investment firm focused on providing equity and debt capital to small and medium-sized companies. Funds are generally used to finance leveraged buyouts, complete recapitalizations or restructurings, provide liquidity for organic growth, or finance add-on acquisitions. The Firmament Group was established in 2012 and is headquartered in New York City.


DEAL STATS #
Overall 15 of 16
Sector (Environmental) 2 of 2
Type (Recapitalization) 2 of 2
State (West Virginia) 1 of 1
Country (United States) 15 of 16
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-03 Prime Providers

Culver City, California, United States

Prime Providers is a home-based healthcare organization providing private duty nursing, applied behavior analysis (aba) therapy, and related services to patients. Prime Providers was founded in 2018 and is based in Culver City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-23 Condata

Oak Brook, Illinois, United States

Condata is a provider of freight post audit and recovery services serving customers globally. Condata performs US domestic freight audits as well as intra-European, intra-Asian, and intra-Latin American audits for clients. Condata was founded in 1956 and is based in Oak Brook, Illinois.

Sell -

Seller(S) 1

DESCRIPTION

Mollitiam Holdings is a private equity firm focused on established companies in the lower to middle-market. The Firm invests in the infrastructure construction, industrial services, logistics, transportation, and waste management sectors. Mollitiam partners with existing shareholders and management teams and will consider both majority and minority investments. Mollitiam Holdings is based in Palm Beach Gardens, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Environmental) 1 of 1
Type (Recapitalization) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-15 Extreme Steel Crane & Rigging

Manassas, Virginia, United States

Extreme Steel Crane & Rigging is a provider of crane, rigging, and heavy hauling services. Extreme Steel Crane & Rigging is based in Manassas, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-30 BluRoc

Northampton, Massachusetts, United States

BluRoc provides single-source access solutions for even the most challenging terrain, providing permanent and temporary access roads for power line construction and other industries. BluRoc is based in Northampton, Massachusetts.

Buy -