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New Deal


Announced

Completed

Aurora Capital-backed VLS Recovery completed the acquisition of ERC from Rock Island Capital.

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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Single Bidder

United States

Completed

Friendly

Private

waste recycling

Environmental Consulting

Acquisition

Private Equity

Domestic

Majority

Synopsis

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Aurora Capital-backed VLS Recovery, a provider of railcar cleaning and residuals management services, completed the acquisition of Environmental Recovery, a provider of waste recycling and disposal services, from Rock Island Capital, a middle market private equity firm. Financial terms were not disclosed. "ERC's business is highly complementary to our existing service offerings and footprint, and they share our focus on delivering environmentally responsible and sustainable solutions to our customers. ERC's core values and mission align perfectly with our commitment to safety, our employees and our customers. The addition of ERC will accelerate our continued emergence as the North American leader in waste management services, and we look forward to welcoming Ken and his excellent team to our organization," John Magee, VLS CEO.

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