Onex Partners and KKR Invest in Resource Environmental Solutions (RES)
February 7, 2022
Onex Partners V (part of Onex Corporation) has agreed to make a significant investment in Resource Environmental Solutions (RES) alongside funds affiliated with existing investor KKR and participation from RES management. The growth capital will support RES' continued organic growth, product-line expansion (including coastal resiliency, water-quality projects, mitigation banks and carbon solutions) and M&A; financial terms were not disclosed and the deal is expected to close in the first quarter subject to customary conditions and approvals.
- Buyers
- Onex Partners V (Onex Corporation), Funds affiliated with KKR, RES management (co-investors)
- Targets
- Resource Environmental Solutions, LLC (RES)
- Industry
- Environmental Services
- Location
- Texas, United States
- Transaction Type
- Growth capital
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