Clean Harbors to buy EnviroServe for $470 million cash
Reuters2026/08/12 12:34- Clean Harbors agreed to buy EnviroServe from an affiliate of One Rock Capital Partners for USD 470 million in cash.
- Closing targeted for the second half of 2026, subject to regulatory approval and customary conditions.
- EnviroServe generates about USD 250 million revenue, roughly USD 27 million adjusted EBITDA.
- Cost synergies projected at about USD 25 million over two years, implying a post-synergy multiple near 9x adjusted EBITDA.
- Funding expected from available cash, additional debt financing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Arch Biopartners FY26 Q3 net loss widens 99.11% to CAD 475,112
Responding to the “hate wave” against data centers, Trump: Americans who oppose will “eventually fall behind and become poor”
US President Trump has publicly endorsed the construction of data centers and warned that slowing down AI infrastructure development would allow other countries to surpass the US. However, due to electoral pressures, many within the Republican Party have turned against these projects, with legislators in multiple states halting related initiatives. So far, dozens of data center projects across the country have been suspended due to local opposition, involving investments of approximately $150 billions.
BJ’s Restaurants director Bradford Richmond acquires 753 common shares worth $47,637.25