EQT Infrastructure and Blackstone Infrastructure to acquire Urbaser from Platinum Equity for €5.6bn.

EQT Infrastructure, the infrastructure investment arm of EQT, and Blackstone Infrastructure, the primary infrastructure investment vehicle of Blackstone, agreed to acquire Urbaser, a global environmental services company specializing in waste collection, treatment, recycling, and street cleaning for municipalities and businesses, from Platinum Equity, a private equity firm, for €5.6bn. "Urbaser has a long track record of partnering with municipalities and industrial clients to provide them with advanced waste treatment and collection infrastructure services. Together with Blackstone, we look forward to supporting Urbaser's management team and employees to continue to invest in the circular economy and create lasting value for society," Guillermo García-Barrero, EQT Infrastructure Partner.