Announced
Completed
Financials
Tags
Private Equity
Acquisition
Waste and Disposal Services
Single Bidder
Completed
Friendly
India
Domestic
waste management
Majority
Private
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.