Announced

Completed

US Ecology completed the acquisition of Environmental Quality from Kinderhook Industries for $465m.

Synopsis

US Ecology, a waste treatment, disposal, recycling, and transportation services provider, completed the acquisition of Environmental Quality, a fully integrated environmental services and waste management company, from Kinderhook Industries, a private equity firm, for $465m. “The acquisition of Environmental Quality aligns perfectly with our strategy of leveraging high quality treatment, disposal and recycling assets and complementary service businesses to drive growth. EQ broadens our geographic footprint by adding a fifth hazardous waste landfill and a network of 18 treatment facilities serving the eastern half of the United States including many of the country’s key industrial centers. It further enhances our competitive position by adding a well established field and industrial services business, allowing us to penetrate a much broader portion of the overall environmental market than in the past. With a solid stream of recurring revenue and national customer base, the combined company offers cross-selling opportunities and operational efficiencies that we believe will deliver compelling value to both our customers and our stockholders for years to come,” Jeff Feeler, US Ecology President and CEO.

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