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New Deal


Announced

Completed

US Ecology completed the merger with NRC Group.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium36%
One Off Charge-

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waste management

Friendly

Merger

Single Bidder

Environmental / Waste Management

United States

Private Equity

Majority

Completed

Public

Synopsis

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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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