M&A Deal Summary

Platform Capital Acquires TNT Waste

On September 1, 2020, private equity firm Platform Capital acquired environmental company TNT Waste

Acquisition Highlights
  • This is Platform Capital’s 3rd transaction in the Environmental sector.
  • This is Platform Capital’s 5th transaction in the United States.
  • This is Platform Capital’s 2nd transaction in Illinois.

M&A Deal Summary

Date 2020-09-01
Target TNT Waste
Sector Environmental
Buyer(s) Platform Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

TNT Waste

Mt. Vernon, Illinois, United States
TNT Waste provides responsive and dependable waste management and recycling services to residents, businesses, contractors and municipalities throughout Southern Illinois. TNT Waste is based in Mt. Vernon, Illinois.

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Buyer(S) 1

DESCRIPTION

Platform Capital is an operationally-focused private investment firm focused on providing equity and debt capital to lower middle-market companies. The Firm targets profitable companies up to $8 million of EBITDA and sales with $3 to $100 million. Platform Capital is sector agnostic and will consider a variety of investment situations including traditional buyouts and recapitalizations, as well as restructurings and other special situations. Platform Capital was formed in 2016 and is headquartered in Denver, Colorado.


DEAL STATS #
Overall 6 of 8
Sector (Environmental) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 5 of 5
State (Illinois) 2 of 2
Country (United States) 5 of 7
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 Perrin Manufacturing

Alliance, Nebraska, United States

Perrin Manufacturing is a designer, test, and builds HVAC systems for off-road, heavy duty vehicles providing the heating and cooling needed for operators to work in comfort. Perrin Manufacturing is based in Alliance, Nebraska.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-12 Enthalpy Energy Services

Denver, Colorado, United States

Enthalpy Energy Services is a professional engineering, field engineering, startup & commissioning, and field-testing services organization serving all energy sectors. Enthalpy offers key solutions for new projects, retrofits, upgrades, operations & maintenance, decommissioning lockout-tagout administration. Enthalpy Energy Services was established in 2017 and is based in Denver, Colorado.

Sell -