Announced
Synopsis
I Squared Capital, a private equity firm, agreed to acquire a majority stake in SOILCO, an organics recycling company. Financial terms were not disclosed. “We are excited to work with I Squared Capital who will complement our efforts with their extensive experience and expertise in the waste management and resource recycling sectors in Asia Pacific. With the backing of I Squared Capital, SOILCO intends to grow its organics recycling business nationally. We feel this is a perfect way to cap off their personal business journey and the entire SOILCO team are enormously grateful to be able to continue to deliver their vision to improve Australian soils and regenerate our environment for dynamic growth," Charlie Emery, SOILCO Managing Director.
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