Announced
Completed
Financials
Tags
Environmental / Waste Management
Private Equity
Acquisition
Completed
Private
United States
waste management
Domestic
Friendly
Single Bidder
Majority
Synopsis
I Squared Capital-backed VLS Environmental, an environmental services company, completed the acquisition of Texas Molecular, an independent provider of industrial waste sequestration services. Financial terms were not disclosed. "We are excited to expand our suite of environmental services to include hazardous waste processing. This acquisition is a great strategic fit for VLS and consistent with our vision of building a leading environmental services platform in North America. Chris, Jimmy, and their team have earned the trust of their customers for more than four decades by providing safe and reliable waste sequestration for a wide variety of waste types and we welcome them to the VLS team," John Magee, VLS CEO.
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