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New Deal


Announced

Completed

Goldman Sachs Merchant Banking-backed West Street Infrastructure completed the acquisition of Synagro from EQT Infrastructure.

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 / Waste Management

Majority

Cross Border

Private

Acquisition

Single Bidder

United States

waste management

Private Equity

Friendly

Completed

Synopsis

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Goldman Sachs Merchant Banking-backed West Street Infrastructure, a infra vehicle managed by Goldman Sachs, completed the acquisition of Synagro Technologies, a provider of biosolids and organic waste management services, from EQT Infrastructure. Financial terms were not disclosed. “Partnering with the Synagro management team to develop the company into the industry leading platform has been a fulfilling experience. Synagro’s sustainable business model aligns well with EQT’s ESG goals and we are proud to have been a part of the Company’s transformation. With ever-increasing demand for sustainable biosolids solutions, Synagro is well-positioned for its next phase of growth under Goldman Sachs’ ownership,” Crosby Cook, EQT Partner.

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