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New Deal


Announced

Comvest Partners completed the acquisition of Duke’s Root Control from Altamont Capital Partners.

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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Single Bidder

Completed

Friendly

United States

Domestic

Private Equity

Waste and Disposal Services

Majority

Wastewater services

Acquisition

Private

Synopsis

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Comvest Partners, a private equity, completed the acquisition of Duke’s Root Control, a sanitary sewer root control and maintenance services platform, from Altamont Capital Partners, a private equity firm. Financial terms were not disclosed. "We have been proud to partner with Duke's to help drive their growth and position the company for long-term success as a provider of innovative, industry-leading environmental and infrastructure services. We strive to make long-term investments with founder-owned companies like Duke's, especially when sustainability is at the core of their mission. We are proud to mark this sale of Duke's as another success story in our infrastructure services and environmental services portfolio and look forward to the company's continued success in its partnership with Comvest Partners," Randall Eason, Altamont Capital Partners Managing Director.

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