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Announced

Completed

Blackstone completed the acquisition of Sustana from H.I.G. 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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Domestic

Environmental / Waste Management

Friendly

Private

United States

Completed

Private Equity

environmental services

Single Bidder

Acquisition

Majority

Synopsis

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Blackstone, a private equity firm, completed the acquisition of Sustana, a manufacturer of de-inked recycled pulp, from H.I.G. Capital, a private equity. Financial terms were not dislcosed. "Blackstone’s investment is a strong endorsement of our company and our highly talented team, and launches an exciting new chapter for Sustana. Our team has built a leading sustainability platform in our markets and Sustana is well positioned for robust continued growth in partnership with Blackstone," Fabian De Armas, Sustana CEO and Chairman.

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