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Macquarie Asset Management completed an investment in Coastal Waste & Recycling.

Synopsis

Macquarie Asset Management, a private equity firm, completed an investment in Coastal Waste & Recycling, a solid waste disposal and recycling company. Financial terms were not disclosed. “We are excited to partner with Macquarie Asset Management through this investment into Coastal. With their experience in the space and commitment to providing ongoing capital and specialised support to management teams, we will be able to accelerate our growth in Florida as well as into adjacent geographies. This partnership will help us invest in needed waste infrastructure and position Coastal to further expand its waste and recycling services to more communities," Brendon Pantano, Coastal Waste CEO.

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