Announced
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Synopsis
TriArtisan, a private equity firm, completed the acquisition of the remaining stake in EnergySolutions, a processor of low level waste, from ECP, a private equity firm. Financial terms were not disclosed. “We are very pleased to increase our investment in EnergySolutions in support of Ken and his management team. Our incremental investment is intended to provide the Company long term stability of ownership and reflects our belief that EnergySolutions is uniquely positioned to take advantage of the rapidly growing nuclear utility, commercial and government waste management and decommissioning markets,” Gerald Cromack, TriArtisan Co-Founding Partner.
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