Macquarie Asset Management Acquires DTG Recycle
December 1, 2022
A fund managed by Macquarie Asset Management has completed the acquisition/recapitalization of DTG Recycle from Clairvest and other shareholders. DTG management (CEO Tom Vaughn and Chief Development Officer Dan Guimont) will retain ownership stakes and continue to run the business as MAM supports the company’s next stage of growth and geographic expansion across the Pacific Northwest.
- Buyers
- Macquarie Asset Management (a fund managed by Macquarie Asset Management)
- Targets
- DTG Recycle (DTG) / DTG Enterprises Holdings, Inc.
- Sellers
- Clairvest Group Inc. (Clairvest Equity Partners V), Shareholders of DTG (founders/management retained a stake)
- Industry
- Environmental Services
- Location
- Washington, United States
- Transaction Type
- Recapitalization
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