Platinum Equity completes sale of Urbaser to Blackstone, EQT for $6.6 billion - BX News | RalliesPlatinum Equity completes sale of Urbaser to Blackstone, EQT for $6.6 billion
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BX• Platinum Equity sells Urbaser to Blackstone and EQT
- Platinum Equity completed the sale of Madrid-based waste and environmental services group Urbaser to Blackstone and EQT.
- The transaction was valued at about $6.6 billion, or €5.6 billion.
- Platinum acquired Urbaser in October 2021 from China Tianying for about $4.2 billion, or €3.5 billion.
- Platinum retained Urbaser’s Argentina waste management business, which generated about $90 million of EBITDA in 2025.
- Urbaser operates with more than 38,000 employees, serving over 60 million people across municipal and industrial waste services.
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