Birch Hill's Terrapure acquires TorQuest's Envirosystems
Terrapure Environmental Ltd has acquired the Canadian industrial services and waste management operations of Dartmouth, Nova Scotia-based Envirosystems Inc. No financial terms were released. Envirosystems will retain its catalyst changeout business as well as its U.S. industrial services businesses, which are being rebranded as Maviro. Terrapure, a Toronto-based provider of industrial waste management and resource recovery, said the acquisition creates a broader and more diverse suite of solutions for its domestic customers. Terrapure was launched in 2015 by Canadian private equity firm Birch Hill Equity Partners. Envirosystems was acquired in the same year by Canadian private equity firm TorQuest Partners.
3 July 2018•3 mins read
