HCAP Partners and Champlain Capital Invest in Simplified E‑Solutions

Palladium Equity Partners Acquires Superior Environmental Solutions

August 3, 2023

Industrial Services

Palladium Equity Partners has acquired Superior Environmental Solutions (SES) from Rosewood Private Investments. SES, headquartered in Cincinnati, Ohio, provides industrial and environmental services including emergency response, hydro-blasting, vacuum truck services, product destruction, recycling and waste disposal across more than 25 locations and employs over 500 people; Palladium said it will partner with SES management to pursue organic and inorganic growth in a fragmented market.

I Squared Capital Acquires VLS Environmental Solutions from Aurora Capital Partners

August 18, 2022

Environmental Services

I Squared Capital has acquired VLS Environmental Solutions from Aurora Capital Partners. VLS is a nationwide provider of non-hazardous industrial waste processing, wastewater treatment, and rail/marine specialty cleaning services; financial terms were not disclosed and the company operates roughly 28 locations with over 800 employees.

SER Capital Partners Acquires Charah Solutions

July 13, 2023

Environmental Services

Funds managed by SER Capital Partners completed the acquisition of Charah Solutions, Inc., a Louisville-based provider of environmental remediation, ash management and byproduct recycling services to the power generation industry, for $6.00 per share. The transaction (approved July 12, 2023) takes Charah private from Bernhard Capital Partners and other shareholders; Charah's outstanding 8.50% Senior Notes remain obligations of the company and the business will continue operating under SER with its existing management and nearly 600 employees.

Mosaic Capital Partners Invests in Zero Waste Recycling ESOP

August 31, 2021

Environmental Services

Mosaic Capital Partners announced an investment in the newly formed Zero Waste Recycling ESOP, enabling employee ownership while providing capital to support growth. Financial partners on the transaction included Lafayette Square, Morgan Stanley Private Credit and Impact Engine; CEO Will Simmons will continue to lead the business from its two processing facilities in Charlotte, North Carolina and Lancaster, South Carolina.

Sun Capital Affiliate Acquires Environmental Infrastructure Solutions from O2 Investment Partners

July 20, 2021

Industrial Services

An affiliate of Sun Capital Partners has completed the acquisition of Environmental Infrastructure Solutions (EIS), a Fort Worth-based provider of abatement, decontamination and remediation services, from O2 Investment Partners. Sun Capital said it will apply its industrial and buy-and-build expertise to accelerate EIS's growth, expand service capabilities and capitalize on growing demand for environmental safety and infrastructure remediation.

Superior Environmental Solutions Acquires Captain Clean

May 20, 2025

Environmental Services

Superior Environmental Solutions (SES), a Palladium Equity Partners portfolio company, has acquired Captain Clean, a family-owned industrial cleaning services provider operating in Iowa and Nebraska. The add-on transaction expands SES’s Midwest footprint and enhances its recurring industrial cleaning and vacuum/tank services for agriculture, food processing and other manufacturing customers; financial terms were not disclosed.