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Announced

Completed

HIG Capital-backed Wastequip completed the acquisition of Wastebuilt Environmental Solutions.

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

Private

Single Bidder

Acquisition

Majority

aftermarket parts

waste equipment distribution

United States

Domestic

Friendly

OEM

waste equipment service

Completed

Auto Parts

Synopsis

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HIG Capital-backed Wastequip, a North American manufacturer of waste handling equipment, completed the acquisition of Wastebuilt Environmental Solutions, a provider of parts, equipment, and services for refuse and specialty fleet applications. Financial terms were not disclosed. "The addition of Wastebuilt aligns with our strategy of pairing the industry's top brands – like Galbreath, Amrep, Pioneer and Toter – with an expanded parts catalog and distribution network to provide a one-stop shop for the waste industry. Strengthening our parts offering, along with the continued expansion of our Wastequip WRX service network, provides customers with a single, convenient and reliable source from equipment to parts to service," Marty Bryant, Wastequip CEO.

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