辛普森Thacher & Bartlett

2023年4月4日

2023年4月3日,卡萬塔公司,可持續材料管理的領導者,宣布它已經簽訂了最終協議收購Circon控股公司的投資組合公司肯產業,投入運動公司曆史上最具革命性的收購。Circon,慣常的監管批準,標誌著最大的收購卡萬塔公司的二十年裏,帶來了超過600名新員工和2500個客戶。這是第八收購後公司的收購EQT基礎設施。它進一步表明卡萬塔公司的承諾為客戶提供碳負極的解決方案。La Porte總部設在德克薩斯州,Circon是一個提供全麵服務的提供者的環境服務的客戶群在超過20個廢物設施在中西部地區,東南和墨西哥灣沿岸。這次收購最引人注意的就是卡萬塔公司由於Circon地理範圍在多個地區及其在汙水處理、循環發行套件和無害和危險廢物管理。Circon放大卡萬塔公司提供更多的最後一英裏的能力可持續性解決方案的藍籌客戶群廢棄物,將其轉化為價值的材料。“卡萬塔公司,Circon的新地區和互補功能,將為客戶提供絕對的最高的價值主張,完全集成在物流、現場服務、處理和處置,“Azeez穆罕默德說,卡萬塔公司的總裁兼首席執行官。“這次收購加速我們的航跡成為英超可持續材料管理公司。Circon,我們加強碳負極解決方案,使我們的產品更上一層樓。 We’re excited about this development and look forward to welcoming Circon’s impressive team. Together we’ll continue to transform Covanta into the very best service provider for our customers’ unique environmental challenges and ESG goals.” The addition of Circon’s services specifically doubles Covanta’s wastewater footprint, grows its engineered fuels business five-fold, and catapults Covanta into a leader in the growing alternative fuels field for kilns. It also meaningfully expands the company’s footprint in the Gulf Coast and Midwest regions. “The entire Circon team is grateful for the successful partnership with Kinderhook. We are eager to launch into our next phase of growth with Covanta. After all, we were both built on the tenet of sustainability with the goal of minimizing waste and embracing a circular economy through innovative and environmentally conscious services,” said Frank Iezzi, CEO of Circon. “We will continue to deliver on these sustainable offerings, now dramatically enhanced with the expanded network, increased operational efficiency and strong environmental solutions-based innovations from Covanta. This is exactly what will take our waste management services—and entire industry—to the next level.” Simpson Thacher & Bartlett LLP is serving as legal advisor to Covanta. Kirkland & Ellis LLP is serving as legal advisor to Circon. Brown Gibbons Lang & Company and Houlihan Lokey are serving as financial advisors to Circon. About Covanta Covanta is a leader in sustainable materials management providing environmental services to businesses and communities. Through its network of facilities and state-of-the-art services, Covanta is a single-source partner in solving today’s most complex environmental challenges. For more information, visit covanta.com. About Circon Circon is a sustainability-focused full-service provider of environmental services with a customer base across more than 20 waste facilities in the Midwest, Southeast and Gulf Coast. The company offers a suite of circularity focused offerings in wastewater treatment, and non-hazardous and hazardous waste management.