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CLH-News
CLH-Events
One Rock Capital Completes Sale of EnviroServe to Clean Harbors for $470M
One Rock Capital Partners announced that it has completed the previously announced sale of EnviroServe and its related affiliates to Clean Harbors for $470M. "Today marks an exciting new chapter for Clean Harbors and EnviroServe," said Mike Battles, Co-CEO of Clean Harbors. "Over the past several years, EnviroServe has expanded its capabilities and established a strong platform for growth. We look forward to building upon that success as we integrate the business and leverage our combined strengths to enhance the solutions we provide to customers across North America."
Clean Harbors Completes Acquisitions of EnviroServe and ES&H for $775M
Clean Harbors announced the completion of its previously announced acquisitions of EnviroServe and ES&H. The two transactions were completed for a combined purchase price of $775M, funded through available cash and a recently completed $600M senior notes offering. "The acquisitions of EnviroServe and ES&H greatly enhance our Technical Services and Field Services businesses," said Eric Gerstenberg, Co-Chief Executive Officer of Clean Harbors. "EnviroServe's strategically located, 10-day transfer facilities expand our Technical Services collection capabilities and create additional opportunities to leverage more volume into our disposal and recycling network."
Clean Harbors Commences $600M Senior Notes Private Offering
Clean Harbors is commencing a private offering of $600M of senior notes. Clean Harbors expects the notes to mature in 2034.
One Rock Capital Sells EnviroServe to Clean Harbors for $470M
One Rock Capital Partners entered into a definitive agreement to sell EnviroServe and its related affiliates to Clean Harbors for $470M. The transaction is expected to close in the second half of 2026, subject to regulatory approval and other customary conditions. EnviroServe is a provider of environmental and waste management services, with an extensive service offering spanning remediation, rail services, industrial cleaning and emergency response, as well as hazardous and non-hazardous waste transportation and processing. The Company serves customers across a wide variety of end markets from a strategic network of branches, including 10-day transfer facilities, waste solidification facilities and railcar cleaning locations.
Clean Harbors Acquires EnviroServe for $470M
Clean Harbors announced that it has entered into a definitive agreement to acquire EnviroServe, from an affiliate of One Rock Capital Partners, for $470M in cash. The acquisition is expected to close in the second half of 2026, subject to regulatory approval and other customary closing conditions. "EnviroServe is an ideal acquisition for us given its national footprint, permitted locations and recurring revenue," said Eric Gerstenberg, Co-Chief Executive Officer of Clean Harbors. "The addition of EnviroServe's strategically located, 10-day transfer facilities further strengthen our Technical Services business and support increased throughput across our disposal and recycling portfolio. We envision meaningful cross-selling opportunities as their customers will now have direct access to our industry-leading network and broad suite of environmental and industrial services. At the same time, EnviroServe's emergency response assets and rail cleaning facilities will enhance our Field Services business."
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