TorQuest's Envirosystems acquires Victoria Treatment Facility

Envirosystems Inc, a portfolio company of Canadian private equity firm TorQuest Partners, has bought the Victoria Treatment Facility, a Victoria, B.C.-based handler of waste streams generated by shipyards, cruise ships, freighters, tankers and other marine vessels. No financial terms were released. The seller in the deal was Tervita Corp. Envirosystems, a provider of industrial and environmental services headquartered in Dartmouth, Nova Scotia, said the deal is part of a strategy to expand the company's service footprint and range of offerings. TorQuest acquired Envirosystems in early 2015. Tervita is backed by CAI Private Equity and other investors.

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