Swedish private equity group EQT said on Wednesday it has agreed to sell waste management company Synagro to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs.
EQT, whose infrastructure arm bought Synagro seven years ago, said the firm had developed into the industry leading wastewater biosolids solutions platform in North America under its ownership.
Synagro has 24 facilities and over 1,000 customers in 35 states. EQT added that the deal was expected to close in December, but gave no further financial details.
EQT had announced during the past two weeks that it would buy Southern European online real estate ads platform Idealista and Italian online real estate classifieds group Casa.it.
Source: Reuters
Can’t stop reading? Read more
Sports’ Saturday: Top sports news in private equity
Sports' Saturday: Top sports news in private equity Private equity firms including Apollo, CVC,...
Fund Friday: Top fundraising news in private equity
Fund Friday: Top fundraising news in private equity Blackstone has raised $10bn for its latest...
TPG explores $7.5bn Asia OneHealthcare exit with sale or IPO options
TPG explores $7.5bn Asia OneHealthcare exit with sale or IPO options TPG has appointed Malayan...