EQT Infrastructure and Blackstone Infrastructure to Acquire Urbaser

Platinum Equity Acquires Urbaser from China Tianying for $4.2B

October 21, 2021

Environmental Services

Platinum Equity has completed the acquisition of Madrid-based environmental services company Urbaser from China Tianying for an enterprise value of approximately $4.2 billion. Urbaser, which operates in waste collection, treatment and waste-to-energy across multiple countries and employs more than 50,000 people, will continue to be led by CEO José María López Piñol as Platinum looks to expand capabilities in sustainable waste-management solutions and grow the business across Europe and other markets.

Macquarie Asset Management Acquires Beauparc Utilities

June 1, 2021

Environmental Services

Macquarie Asset Management, via Macquarie European Infrastructure Fund 6, has agreed to acquire Beauparc Utilities from founder Eamon Waters and Blackstone Tactical Opportunities Fund. Beauparc is a leading waste-to-resource and recycling business operating across Ireland, the UK and the Netherlands, with more than 2,300 employees and a portfolio of about 40 waste facilities; Macquarie intends to invest to grow its circular-economy capabilities.

Versar Acquires Black & Veatch Environmental Services Business Unit (BVESB)

June 23, 2021

Environmental Services

Versar, Inc. acquired the environmental services business unit (BVESB) from Black & Veatch to strengthen its Environmental Services Group and expand capabilities in remediation, investigation, assessment and design for U.S. Federal customers. The deal adds experienced engineers and scientists focused on EPA, USACE and Department of Defense work and aligns with Versar’s strategy to broaden federal environmental remediation and site restoration offerings.

EQT Infrastructure Acquires Statera Energy from InfraRed Capital Partners

November 6, 2023

Energy

EQT Infrastructure VI has agreed to acquire Statera Energy Limited, a London-headquartered developer and operator of battery storage and flexible generation assets, from InfraRed Capital Partners. EQT will provide growth capital and operational support to accelerate deployment of Statera's 1GW (operational and under construction) and its 16GW project pipeline, including battery storage, pumped hydro and green hydrogen projects across the UK.

EQT to Acquire Majority Stake in Universidad Europea from Permira

April 8, 2024

Education

EQT Infrastructure VI has agreed to acquire a majority position in Universidad Europea from Permira, which will retain a significant minority stake. EQT plans to invest in the university's campuses and digital capabilities to expand its online and hybrid learning proposition and support geographic expansion; the company operates 12 campuses across Spain and Portugal with 3,400 employees and 54,000 students.

EQT Infrastructure Acquires Majority Stake in Heritage Environmental Services

December 11, 2023

Environmental Services

EQT Infrastructure VI has agreed to acquire a majority position in Heritage Environmental Services (HES) from The Heritage Group. HES, headquartered in Indianapolis, Indiana, operates 37 regulated facilities in the U.S., employs roughly 1,600 people, and provides industrial and hazardous waste management, on‑site support, emergency response and sustainability services to more than 1,800 customers; EQT says it will support HES's growth, digitalization and operational improvements.