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New Deal


Announced

Completed

SER Capital Partners completed the acquisition of Charah Solutions for $18m.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium134%
One Off Charge-

Tags

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United States

environmental services

fossil services

Waste and Disposal Services

Acquisition

Domestic

Friendly

Single Bidder

Majority

Private Equity

Public

Completed

Synopsis

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SER Capital Partners, a private investment firm, completed the acquisition of Charah Solutions, provider of environmental services and byproduct recycling to the power generation industry, for $18m. "With its extensive utility industry experience and strategic and financial resources, SER is a great partner for Charah Solutions. As part of SER's portfolio, we gain from its ongoing support and industry-leading offerings, which will enable us to provide even more value to our customers. I thank our many employees for their hard work and commitment to the Company. I am excited for the Charah team and our customers as we position the Company with the necessary resources to embark on a new chapter of growth and success at Charah Solutions," Jonathan Batarseh, Charah Solutions President and CEO.

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