The Carlyle Group to acquire a majority stake in Waste Services Group from Livingbridge.

The Carlyle Group, a global investment firm, agreed to acquire a majority stake in Waste Services Group, an Australian commercial and industrial waste management company, from Livingbridge, a private equity firm. Financial terms were not disclosed. “We have been impressed by WSG’s track record of growth, enabled by its strong focus on customer service, and we think the business is an excellent platform for continued expansion. We are excited to partner with the management team and look forward to working together with them on the next chapter of growth," Geoff Hutchinson, Carlyle Managing Director.