Highview Capital Acquires Watterson
January 4, 2022
Highview Capital, LLC has acquired Watterson, a national facilities management and environmental services provider headquartered in Schaumburg, Illinois, with founder Billy Watterson and President Steve Peldiak retaining significant minority stakes. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction. Highview says it will invest to scale Watterson's national coverage, expand service capabilities, and pursue strategic acquisitions.
- Buyers
- Highview Capital, LLC, Stellus Capital Management, LLC (unitranche lender and equity co-investor)
- Targets
- Watterson
- Industry
- Environmental Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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