Hidden Harbor acquires Stella

Hidden Harbor Capital Partners has acquired Houston-based Stella Environmental Holdings Inc, a provider of transfer station management and municipal waste logistics services. No financial terms were disclosed. Stella was a division of Action Resources. Monroe Capital provided financing for the deal while Raymond James advised Stella.


Fort Lauderdale, Florida, August 18, 2017 – Hidden Harbor Capital Partners (“Hidden Harbor”), an operationally focused private equity firm specializing in control investments in lower middle market companies, is pleased to announce the acquisition of Stella Environmental Holdings, Inc. (“Stella”), a division of Action Resources.

Based in Houston, Texas and founded in 1992, Stella is a leading provider of transfer station management and municipal waste logistics services. The company provides facility management, hauling, and loading services to municipal solid waste and transportation customers across various states.

“Stella has positioned itself as the preferred service provider in its core markets, with a reputation for delivering exceptional service, quality, and results to its customers,” said Chris Paldino, a Founding Partner at Hidden Harbor. “We are excited about Stella’s prospects for continued growth and geographical expansion.”

“Stella is eager to partner with Hidden Harbor, which will bring the resources and capital to continue our strong record of performance and support our next phase of growth,” said Wilfred Roth, CEO of Stella. “As a standalone business, we will continue to provide our best-in-class customer service to our long-standing customer base.”

Hidden Harbor’s acquisition of Stella closed on August 18, 2017. Monroe Capital provided financing for the transaction, and Raymond James served as an advisor to Stella.

About Stella Environmental Holdings
Stella, based in Houston, TX, plays a crucial role in the processing and safe disposal of municipal solid waste. The Company provides outsourced transfer station management services, including the loading and transportation of waste from in-town processing facilities to remote landfills, to integrated waste companies and municipalities. Transfer stations are a vital part of the waste collection and disposal process, improving the efficiency of the overall waste stream and reducing capital requirements and operating costs for customers.

About Hidden Harbor Capital Partners
Hidden Harbor Capital Partners is a private equity firm with an operations soul and intense passion for building great companies. Hidden Harbor brings large-scale, private equity experience and resources to the lower middle market with a focus on value-oriented, operationally intense situations. Our principals are InvestorOperators® who bring over 55 years of both extensive transaction and operating experience to truly understand your business. As one team, we partner and work hand-in-hand with our portfolio companies to drive business successes. For more information, visit www.hh-cp.com.