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New Deal


Announced

Completed

I Squared completed the acquisition of VLS Environmental Solutions from Aurora Capital Partners for £833m.

Financials

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Transaction Value£833m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Environmental / Waste Management

Private Equity

waste management

Friendly

Domestic

Single Bidder

Acquisition

Majority

Completed

Synopsis

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I Squared, a global infrastructure investment manager, completed the acquisition of VLS Environmental Solutions, a provider of waste processing solutions, from Aurora Capital Partners, a middle-market private equity firm, for £833m. "It has been exciting to work alongside the VLS team and help transform the Company from a Southeast-focused provider to a leading ESG-focused environmental solutions platform with nationwide scale and a broad-based environmental services offering. VLS has grown tremendously since our partnership in 2017, including the completion of nine acquisitions to support our buy and build strategy, and there is significant runway to continue this strong performance across its business lines. We wish the Company, its management and its new partners continued success," Matthew Laycock, Aurora Partner.

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