Clean Harbors to buy EnviroServe for $470 million cash - CLH News | RalliesClean Harbors to buy EnviroServe for $470 million cash
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CLH• Clean Harbors agrees to acquire EnviroServe for $470 million in cash
- Clean Harbors agreed to buy EnviroServe from an affiliate of One Rock Capital Partners for $470 million in cash.
- Closing is targeted for the second half of 2026, subject to regulatory approval and customary conditions.
- EnviroServe generates about $250 million in revenue and roughly $27 million in adjusted EBITDA.
- Cost synergies are projected at about $25 million over two years, implying a post-synergy multiple near 9x adjusted EBITDA.
- Funding is expected from available cash and additional debt financing.
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