Announced
Completed
Financials
Tags
waste management
Friendly
Merger
Single Bidder
Environmental / Waste Management
United States
Private Equity
Majority
Completed
Public
Synopsis
US Ecology, a North American provider of environmental services to commercial and government entities, completed the $966m merger with NRC Group Holdings, a global provider of a wide range of environmental, compliance and waste management services in an all-stock transaction. US Ecology stockholders own 70% of the combined company, and NRCG stockholders own 30% on a fully diluted basis. “We believe the combination creates a true leader in industrial waste management and environmental services that will harness the experience and expertise of each organization to enhance our competitive position, create cross-selling opportunities and operational efficiencies and provide compelling long-term value to both our customers and stockholders,” Jeffrey R. Feeler, US Ecology CEO.
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