Algebris to acquire Omnisyst.

Algebris, an asset management company, agreed to acquire Omnisyst, a service provider of waste management services. Financial terms were not disclosed. “The majority stake in Omnisyst marks our intention to be at the forefront of ESG investments. Companies across sectors are looking to map and manage their waste cycles effectively, as well as reduce production of materials and dependency on industrial producers for scarce natural resources. Omnisyst’s solutions allow companies to include waste as a new chapter of value creation and ensure adequate management of the entire journey of waste, reducing companies’ business risks and costs,” Luca Valerio Camerano, Algebris Green Transition Fund Managing Director and Senior Partner.