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New Deal


Announced

Completed

EverSource Capital-backed EverEnviro Resource Management completed the acquisition of IL&FS Environmental Infrastructure & Services.

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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Private Equity

Acquisition

Waste and Disposal Services

Single Bidder

Completed

Friendly

India

Domestic

waste management

Majority

Private

Synopsis

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EverSource Capital-backed EverEnviro Resource Management, a waste management company, completed the acquisition of IL&FS Environmental Infrastructure & Services, an integrated waste management company. Financial terms were not disclosed. "This is a landmark investment for EverEnviro which will pave the way for us to become a leading pan India integrated waste management platform. We are delighted to acquire one of India’s oldest and well diversified waste management companies with high quality talent. Solid Waste management is an integral element of modern society and with this acquisition, Ever Enviro aims to be the leader in this segment in India," Parvez Umrigar, EverEnviro MD & CEO.

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