Kinderhook sells Rizzo Environmental to PE-backed GFL
Kinderhook Industries has sold its interest in Rizzo Environmental Services Inc to GFL Environmental Inc. The undisclosed deal, previously announced by Toronto-based GFL, saw Rizzo folded into GFL's U.S. subsidiary. Sterling Heights, Michigan's Rizzo is a specialist in municipal, commercial and industrial solid waste collection and in commercial recycling processing and brokerage. Kinderhook, a U.S. private equity firm, acquired the company in September 2012. GFL, an environmental services company, is backed by several investors, including U.S. private equity firm HPS Investment Partners.
4 October 2016•3 mins read
