SK Capital Acquires Controlling Stake in Environmental Services from Amberjack Capital.
MANews-(C)2009-2023
Affiliates of US-based private investment firm SK Capital Partners have completed the acquisition of Texas-based environmental services and carbon management company Milestone Environmental Services, LLC from Amberjack Capital Partners, L.P., the company said.
Terms of the transaction were not disclosed.
SK Capital has taken a controlling stake in Milestone in partnership with president and CEO Gabriel Rio, who will continue to serve in that role and retain significant ownership in the company.
Milestone operates an integrated network of waste management infrastructure that reduces its customers' carbon impact by permanently sequestering hydrocarbon-containing energy waste, preventing greenhouse gas emissions and water and ground contamination.
Latham & Watkins LLP acted as legal counsel and Houlihan Lokey served...
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