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PLATINUM EQUITY COMPLETES SALE OF GLOBAL ENVIRONMENTAL SERVICES BUSINESS URBASER TO BLACKSTONE AND EQT FOR $6.6 BILLION

Source: PR Newswire

M&A & RestructuringInfrastructure & DefenseESG & Climate PolicyPrivate Markets & Venture

Platinum Equity has agreed to sell Madrid-based environmental infrastructure platform Urbaser to Blackstone and EQT in a transaction valued at approximately $6.6 billion (€5.6 billion). The sale follows a multi-year transformation process at Urbaser and represents a significant private-equity infrastructure transaction in the environmental-services sector.

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