EQT Infrastructure plans to acquire a majority position in Heritage Environmental Services (HES), an industrial waste-management provider, from The Heritage Group. Financial terms were not disclosed.
Headquartered in Indianapolis, HES is a family-owned leading provider of sustainability and industrial waste-management services in the United States. The company safely manages approximately 660,000 tons of industrial waste per year for more than 1,800 customers. The company’s expertise encompasses a wide array of tailored solutions, ranging from waste disposal, on-site support, and technical solutions to emergency response and sustainability services. HES has 37 highly regulated facilities located in key industrial hubs across the United States.
Industrial waste management is a vital part of the waste-disposal value chain, offering total elimination of waste from the environment and enabling safe and sustainable industrial manufacturing and production, according to EQT
