Firmament Recapitalizes Whitecap Waste

Firmament Recapitalizes Whitecap Waste Holdings

August 20, 2024

Environmental Services

The Firmament Group has recapitalized Whitecap Waste Holdings, LLC, a West Virginia-based solid waste collection and disposal company founded in 2019. The transaction represents a recapitalization/ownership transition involving prior investors (including Mollitiam Holdings and Whitecap Enterprises) and positions Firmament to support the company’s regional waste collection and disposal operations under existing management.

Firmament Makes Strategic Investment in Sparkle Express Car Wash Group

April 16, 2024

Automotive

Firmament has made a strategic/growth investment in Sparkle Express Car Wash Group, a Chicago-headquartered membership-based express car wash platform formed from 19 unit acquisitions across Georgia, South Carolina and Illinois. The capital will be used to optimize operations, support continued expansion in existing markets and enter new adjacent geographies while leveraging Firmament's network and deal-sourcing capabilities.

Whitecap Waste Acquires Dave's Sanitation, Inc.

August 18, 2022

Environmental Services

Whitecap Waste, a regional waste management company formed in partnership with Florida-based private equity firm Mollitiam Holdings, has acquired Dave's Sanitation, Inc. of Lookout, West Virginia. The acquisition is an add-on to Whitecap's growing West Virginia platform (following its Oak Hill acquisition) and expands its residential, commercial and industrial waste collection footprint in the state.

Whitecap Waste Acquires Oak Hill Garbage Disposal

August 4, 2022

Environmental Services

Whitecap Waste, a PE-backed regional waste management platform, has acquired Oak Hill Garbage Disposal, a 50-year-old family-owned waste hauler in Oak Hill, West Virginia. The deal expands Whitecap's footprint in West Virginia as part of a roll-up strategy supported by Mollitiam Holdings, LLC.

Macquarie Asset Management Recapitalizes Coastal Waste & Recycling

June 20, 2023

Environmental Services

A fund managed by Macquarie Asset Management has completed the recapitalization of Coastal Waste & Recycling and become the company's majority owner. Coastal, a vertically integrated solid waste and recycling operator headquartered in Boca Raton, Florida, will continue to be led by CEO Brendon Pantano while prior investors Summer Street Capital Partners and Concentric Equity Partners exit and retain a minority stake alongside management.

Firmament Makes Majority Investment in Navitrans

January 16, 2024

Logistics & Distribution

Firmament has made a majority investment in Navitrans, the Kortrijk, Belgium-based provider of transportation and warehouse management software, with Valsoft remaining as a minority shareholder and Navitrans management remaining in place. The capital will support product development, management initiatives and strategic acquisitions as Navitrans expands its presence across European logistics service providers.