Funds managed by Blackstone Infrastructure and the EQT Infrastructure VI fund have agreed to acquire Urbaser from funds managed by Platinum Equity. Founded more than three decades ago, Urbaser is a global provider of integrated waste management and environmental services aimed at maximizing recycling and regeneration.
Its services are delivered through long-term contracts with municipalities and industrial clients.
The two firms will support the management team in continuing its expansion in the fast-growing industrial waste segment, while further strengthening Urbaser’s core municipal waste operations and its role as a long-term partner to municipalities.
Blackstone and EQT will each own 50 percent of Urbaser and jointly manage the company.
