M&A Deal Summary

Panda Recycling Acquires Greenstar

On February 9, 2016, Panda Recycling acquired environmental company Greenstar from Cerberus Capital Management

Acquisition Highlights
  • This is Panda Recycling’s 1st transaction in the Environmental sector.
  • This is Panda Recycling’s 1st transaction in Ireland.

M&A Deal Summary

Date 2016-02-09
Target Greenstar
Sector Environmental
Buyer(s) Panda Recycling
Sellers(s) Cerberus Capital Management
Deal Type Add-on Acquisition

Target

Greenstar

Wicklow, Ireland
Greenstar is a waste management company serving residential and business customers throughout Ireland.

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Buyer(S) 1

Buyer

Panda Recycling

Dublin, Ireland

Category Company
Founded 2016
Sector Environmental
DESCRIPTION

Panda Recycling is a provider of waste management services for homes and businesses. Panda Recycling was established in 2016 and is based in Dublin, Ireland.


DEAL STATS #
Overall 1 of 2
Sector: Environmental M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Ireland M&A 1 of 1
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-11 WSR Recycling

Widnes, United Kingdom

WSR Recycling Ltd. is a waste management company that offers collection, disposal and sweeping services for residential and commercial properties. WSR Recycling Ltd. was founded in 1934 and is based in Widnes, United Kingdom.

Buy -

Seller(S) 1

SELLER

Cerberus Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1992
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.


DEAL STATS #
Overall 28 of 57
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 29
Country: Ireland M&A 2 of 2
Year: 2016 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-04 Renovalia Energy

Madrid, Spain

Renovalia Energy specializes in the promotion, production, management and sale of electricity generated through renewable energy sources (wind power, photovoltaic power and small hydro power). Renovalia Energy was founded in 1998 and is based in Madrid, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-27 Blue Bird

Macon, Georgia, United States

Blue Bird is a designer and manufacturer of school buses, with more than 550,000 buses sold since its formation and approximately 180,000 buses in operation today. Blue Bird’s longevity and reputation in the school bus industry have made it an iconic American brand. Blue Bird distinguishes itself from its principal competitors by its singular focus on the design, engineering, manufacture, and sale of school buses and related parts. As the only manufacturer of chassis and body production specifically designed for school bus applications, Blue Bird is recognized as an industry leader for school bus innovation, safety, product quality/reliability/durability, operating costs and drivability. Blue Bird was founded in 1927 and is based in Macon, Georgia.

Sell -