Clean Harbors to Acquire Depot Connect International’s Industrial and Rail Services Unit for $130 Million

Clean Harbors Acquires Thompson Industrial Services from Reynolda Equity Partners

March 31, 2023

Industrial Services

Clean Harbors, Inc. acquired Thompson Industrial Services from Reynolda Equity Partners, expanding Clean Harbors' industrial cleaning and maintenance capabilities and adding density across the Southeastern United States. Thompson, a leading provider of hydroblasting, vacuuming and automated industrial cleaning solutions serving paper, mining, power and chemical customers, grew substantially under REP and will bring entrenched, recurring customer relationships to Clean Harbors' platform.

Clean Harbors Acquires HydroChemPSC from Littlejohn & Co. for $1.25 Billion

October 8, 2021

Industrial Services

Clean Harbors, Inc. completed the acquisition of HydroChemPSC (HPC), a U.S. provider of industrial cleaning, specialty maintenance and utilities services, from an affiliate of Littlejohn & Co. for $1.25 billion in cash. The transaction — financed with existing cash and proceeds from a new $1.0 billion incremental term loan — expands Clean Harbors' industrial services capabilities and creates cross-selling and margin-improvement opportunities across refining, chemical and utilities end markets.

Clean Harbors Acquires HEPACO for $400 Million

February 6, 2024

Environmental Services

Clean Harbors, Inc. completed its acquisition of HEPACO, a field and emergency response environmental services provider in the Eastern United States, for $400 million in cash. The deal was purchased from Gryphon Investors and financed via proceeds from a recently expanded $500 million term loan facility.

Data Clean (Angeles Equity Partners Portfolio Company) Acquires DC Canada

April 17, 2024

Industrial Services

Data Clean Corporation, a portfolio company of Angeles Equity Partners, announced the acquisition of DC Canada, Inc., a Canadian provider of critical-environment decontamination services for data centers. The add-on expands Data Clean’s contamination-control capabilities and geographic coverage in the Canadian data center market; terms were not disclosed.

PSC Group Acquires Bayport Rail Terminal LLC

January 9, 2024

Logistics & Distribution

PSC Group, a portfolio company of Aurora Capital Partners, has acquired Bayport Rail Terminal LLC (BRT), a 115-acre rail, truck and container terminal serving the chemical industry on the Bayport Loop and near the Port of Houston, from US Development Group. The acquisition expands PSC's last-mile logistics, railcar repair/cleaning and transloading capabilities in one of North America's largest chemical and plastics hubs.

Waste Connections Acquires Arrowhead Environmental Partners

August 3, 2023

Industrial Services

Waste Connections, Inc. acquired Arrowhead Environmental Partners from Clairvest Group Inc. and Arrowhead equity holders. The deal adds Arrowhead’s non-hazardous waste-by-rail disposal infrastructure and an Alabama landfill to Waste Connections’ disposal network; Clairvest reported a ~12.3x return on its investment.