Carr's Hill Partners Recapitalizes Arrow Waste with Investments from Tecum Capital and Pittco
July 27, 2022
Carr's Hill Capital Partners led a majority recapitalization of Arrow, Inc. (Arrow Waste), with subordinated debt and co-investment from Tecum Capital and a minority investment from Pittco Direct Investments. The transaction provides capital to expand post-collection capacity and commercial growth in the greater Atlanta market; Justin Vetsch was named CEO and founder Rip Thomson will remain as an advisor.
- Buyers
- Carr's Hill Capital Partners Management, LP, Tecum Capital, Pittco Direct Investments I, LP
- Targets
- Arrow, Inc. (Arrow Waste)
- Sellers
- Rip Thomson (founder)
- Industry
- Environmental Services
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
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