217 Views

Birch Hill completes Newalta’s industrial division acquisition

Environmental solutions provider Newalta has closed the sale of its industrial division to Birch Hill Equity Partners for $300 million. The industrial division unit is now a stand-alone entity, operating under the name of Terrapure Environmental. Also, Todd Moser, a former senior vice president at Newalta, has been named president and CEO of Terrapure.

209 Views

Newalta to sell industrial unit to Birch Hill for $300 mln

Environmental solutions provider Newalta has agreed to sell its industrial division to Birch Hill Equity Partners for $300 million. The transaction is expected to be completed in the first quarter of 2015. RBC Capital Markets provided financial advice to Newalta on this deal.

Birch Hill To Take GDI Private

Canadian Distinction Group (GDI), a facility services business, has reached an agreement with Birch Hill Equity Partners to take the company private for approximately $153 million, or $4.50 per share in cash. GDI CEO Claude Bigras and Birch Hill will form a new partnership, with Bigras and the existing management team of GDI owning approximately […]

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget