Announced
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Synopsis
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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