Announced
Synopsis
ONEX, an investment manager founded in 1984, agreed to invest in Resource Environmental Solutions, an ecological restoration company. Financial terms were not disclosed. "We could not be more excited to have these two firms backing us. In our first 14 years, we’ve proven that ecological restoration can be trusted to improve and preserve the environment in balance with human progress. Today, RES is the environmental employer of choice. With the backing of Onex Partners and KKR, we will continue to invest in talent and capabilities, and grow into new markets and new communities. Our access to additional investment capital will also help us to continue with product line expansion into coastal resiliency, large scale water quality projects, new mitigation banks, and carbon solutions," Darrell Whitley, RES President and CEO.
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