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New Deal


Announced

Completed

Warburg Pincus and The Heritage Group completed a $50m investment in ClimeCo.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Minority

Acquisition

Friendly

United States

Environmental / Waste Management

Completed

Domestic

environmental services

Venture Capital

Private

Synopsis

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Warburg Pincus, a private equity firm, and The Heritage Group, a venture capital firm, completed a $50m investment in ClimeCo, a provider of environmental services intended to reduce greenhouse gases. “We operate at the forefront of an exciting transformation as global businesses, governments, and environmental advocates recognize that environmental markets are the most efficient way to address environmental challenges. We are growing incredibly fast to meet this demand, and it’s the right time for Warburg Pincus and The Heritage Group to invest in our brand. Their networks and passion for project investments align perfectly with our vision," William (Bill) Flederbach, ClimeCo CEO and President.

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