• Corporate Finance Transactions

Capital, Growth Drive M&A in Environmental Services

October 02 2018

Cleveland – October 2, 2018 – Environmental Services is seeing record transaction volume, a function of a dynamic M&A and capital markets setting and corporate growth targets, with market consolidation expected to continue, according to Brown Gibbons Lang & Company.

Effram Kaplan, Head of BGL’s Environmental & Industrial Services Group, discusses the state of the M&A market in the September edition of Waste TodayClick here to access the article.

  • Solid company performance, excess liquidity, competition in the capital markets, and efficiency of the investor community are fueling a robust transaction environment and driving values, with high quality companies attracting premium multiples.
  • Acquisition activity reflects a continued push to access new capabilities and waste streams. Recent transactions by Waste Connections, Republic Services, and Clean Harbors are illustrative of this trend.
  • Private equity has become more educated on the investment merits of the sector and remains aggressive. Significant capital has been deployed into multiple environmental services subsectors, with the emergence of regional and multi-regional growth platforms seeking acquisitions.   
  • BGL has been active in the market, serving as advisor in a number of transactions including the sale of the U.S. Industrial Cleaning Services Division of Veolia North America to Clean Harbors, EnviroServe to Savage Services, Intergulf Corporation to Kinderhook Industries, and Groot Industries to Waste Connections.
     

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer & Retail, Environmental & Industrial Services, Healthcare & Life Sciences, Diversified Industrials, Metals & Metals Processing, and Real Estate. BGL has offices in Atlanta, Chicago, Cleveland, Denver, Philadelphia, San Antonio, and San Diego in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.

 

Other content

Related industry: Environmental & Industrial Services
Related service: Mergers & Acquisitions
Related pages: Effram E. Kaplan

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