Republic Services closes buy of PE-backed Tervita's U.S. operations
Republic Services Inc (NYSE: RSG) has completed its previously announced purchase of Tervita LLC, the U.S. subsidiary of Canadian environmental waste solutions provider Tervita Corp. The financial terms of deal were not published. Republic Services, a U.S. recycling and non-hazardous solid waste company, said the acquisition will support its expansion into the energy exploration and production waste sector. Since 2007, the Calgary-based Tervita has been backed by a number of Canadian and U.S. private equity investors, including CAI Private Equity, Kelso & Co and Vestar Capital Partners.
17 February 2015•2 mins read
