EQT Infrastructure to acquire a majority stake in Heritage Environmental Services from The Heritage Group.

EQT Infrastructure, a Swedish global investment organization, agreed to acquire a majority stake in Heritage Environmental Services, an environmental services firm, from The Heritage Group, a sustainability and industrial waste management services provider. Financial terms were not disclosed. “EQT and HES are proven business leaders who share a like-minded approach to environmental stewardship, and this acquisition aligns directly with EQT’s thematic approach of investing in businesses that provide essential environmental services to society. EQT is excited to partner with the entire HES team and to invest in organizational, operational and digital technology initiatives that will enhance HES’s ability to provide reliable and compliant final disposal to complex industrial waste challenges,” Juan Diego Vargas, EQT Infrastructure Partner.