This would be Clean Harbors’ second major acquisition this year. The company has sought to increase M&A spending this year to expand its environmental services footprint.
By Jacob Wallace, Senior Reporter, Waste Dive
Clean Harbors received approval from the U.S. Federal Trade Commission on May 5 to acquire Terra Nova Solutions, an industrial waste and wastewater services company based in North Carolina.
Terra Nova is a portfolio company of Crescentia Capital, a private equity firm that’s part of Maryland-based Calvert Street Investment Partners. Crescentia Capital has also invested in other C&D waste and industrial companies.
Crescentia Capital and Clean Harbors both did not respond to requests for comment
