Announced

Gryphon-backed Hepaco acquired PetroChem.

Synopsis

Succession Capital Partners has sold PetroChem Recovery Services to Hepaco, which is backed by Gryphon Investors. Financial terms were not disclosed. “We look forward to working with the PetroChem team to enhance our emergency response and environmental service offerings and better serve our customers.” Ken Smith, HEPACO Chief Executive Officer.

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