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New Deal


Announced

Completed

TPG completed the acquisition of Denali Water Solutions from The Firmament Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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environmental services

Acquisition

Friendly

Majority

Single Bidder

United States

waste services

Private Equity

Waste and Disposal Services

Private

Completed

Disposal

Synopsis

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TPG Capital completed the acquisition of Denali Water Solutions, a specialty waste and environmental services company, from The Firmament Group, a private capital provider to small- and medium-sized enterprises. Financial terms were not disclosed. "Denali has established a broad and diverse customer base by providing essential, best-in-class recycling and environmental services to a number of key industries. Through strategic acquisitions and organic expansion, Denali has built an extensive network of beneficial use locations and firmly positioned itself as a top specialty waste provider to large industrial sub-sectors like the municipal market and industrial food processing market. We look forward to working with Denali’s deeply-experienced management team to continue to build on their success," Ransom Langford, TPG Growth Partner.

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