I Squared Capital to Acquire Enva

I Squared Capital Acquires VLS Environmental Solutions From Aurora Capital Partners

August 18, 2022

Environmental Services

I Squared Capital, via its ISQ Global Infrastructure Fund III, signed a definitive agreement to acquire VLS Environmental Solutions from Aurora Capital Partners. The deal was expected to close in Q3 2022 and the transaction has been reported as closed as of August 18, 2022. VLS provides ESG-focused waste management and specialty cleaning and repair services for regulated industries across North America.

Environ Energy Acquires ISOS Group

January 24, 2023

Environmental Services

Environ Energy has acquired ISOS Group, a San Diego–based ESG disclosure and sustainability reporting firm, to expand its sustainability and carbon reporting capabilities. The transaction was completed with support from growth investor 424 Capital, and ISOS will operate as a division within Environ to bolster the firm's ESG reporting, assurance, and verification services.

I Squared Capital to Acquire Liberty Tire Recycling from Energy Capital Partners

October 14, 2025

Environmental Services

I Squared Capital has signed a definitive agreement to acquire Liberty Tire Recycling from Energy Capital Partners (ECP). The deal adds Liberty—North America’s tire recycling platform with 50+ facilities and more than 215 million end-of-life tires processed annually—to I Squared’s portfolio of environmental infrastructure businesses.

I Squared Capital Acquires Priority Power Management

July 30, 2024

Energy

I Squared Capital entered into an agreement to acquire Priority Power Management, LLC from Ara Partners, Oaktree Capital Management and other shareholders. Priority Power provides turnkey energy management services and private transmission and distribution infrastructure for commercial and industrial customers across more than 40 U.S. states.

Environ Energy Acquires Carbon Analytics Firm Scope 5

October 31, 2022

Software

Environ Energy has acquired Scope 5, a Seattle-based carbon tracking and sustainability analytics platform, to expand its energy management and ESG service offerings. The acquisition was completed with support from growth capital investor 424 Capital; Scope 5 will operate as a division within Environ and continue to provide its carbon-tracking platform to enterprise clients.

Apax Global Impact Fund Acquires Controlling Stake in Integrated Environmental Solutions (IES)

February 27, 2024

Software

The Apax Global Impact Fund, advised by Apax Partners LLP, will acquire a controlling stake in Integrated Environmental Solutions (IES), a climate‑tech company that provides building performance simulation software and consultancy to decarbonise the built environment. The investment—Apax Global Impact's first climate‑focused deal—will support IES's growth and scale its software and services to meet rising demand for sustainability solutions in building design, retrofit and operation.