Astatine Investment Partners completed the acquisition of NRG Riverside from Palatine.

Astatine Investment Partners, a private equity firm, completed the acquisition of NRG Riverside, a rental provider of specialist waste collection vehicles, from Palatine, a private equity firm. Financial terms were not disclosed. “We are delighted to acquire NRG Riverside and look forward to working alongside the management team in delivering the next phase of growth, including supporting customers in their transition to zero emission vehicles. The Company is the clear market leader in this space, servicing customers in the provision of an essential service. We are attracted by the high levels of contracted and recurring revenues, growth prospects in waste and adjacent sectors, and the strong reputation of the business," Jim Metcalfe, Astatine CEO and Co-Managing Partner.