I Squared Capital has plans to acquire Milestone Environmental, an independent environmental infrastructure company providing waste-management solutions across the energy and industrial sectors, from SK Capital Partners. Financial terms were not disclosed.
Headquartered in Houston, Milestone owns and operates 15 fully permitted disposal facilities for oil and gas drilling, completion and production waste streams strategically located across the most active U.S. energy basins, including the Permian’s Delaware and Midland sub-basins, the Eagle Ford and the Haynesville. As activity in the Permian Basin continues to drive a significant share of domestic and global oil and gas supply, demand for reliable, environmentally compliant waste management infrastructure is an essential service for oil and gas operators. Through its integrated network and proprietary processes, Milestone provides end-to-end treatment and disposal solutions for both liquid and solid waste streams generate
