VLS Is Acquired By I Squared Capital

Technology & Services

VLS, a portfolio company of Aurora, acquisition by I Squared Capital


Summary

VLS Environmental Solutions, LLC (“VLS” or “the Company”), a portfolio company of Aurora Capital Partners (“Aurora”), has been acquired by I Squared Capital. Terms of the transaction were not disclosed.

Baird served as financial advisor to VLS on this transaction.

About

VLS provides mission-critical, customized waste and specialty cleaning and repair services to a variety of highly regulated industries in North America. VLS operates two principal segments: non-hazardous industrial waste handling, treatment, and sustainable disposal, as well as rail and marine specialty cleaning and repair. As one of the only nationwide providers of ESG-friendly industrial waste solutions, the company’s sustainable disposal solutions are especially attractive for customers with zero-waste-to-landfill initiatives. The Company offers a comprehensive set of waste management solutions that process industrial non-hazardous waste to create alternative engineered fuels for industrial processes, fuel for waste-to-energy generation, treated wastewater, and landfill solidification.

Aurora Capital Partners is a leading Los Angeles-based private equity firm with over $4.5 billion in assets under management. Founded in 1991, Aurora focuses principally on control investments in middle-market companies with leading market positions, stable industry dynamics, attractive business model characteristics and actionable opportunities for growth in partnership with management. Aurora provides unique resources to its portfolio companies through its Strategy & Operations Program and its team of experienced operating advisors. Aurora’s investors include leading public and corporate pension funds, endowments and foundations active in private equity investing.

I Squared Capital is an independent global infrastructure investment manager with over $36 billion in assets under management focusing on energy, environmental infrastructure, utilities, digital infrastructure, transport and social infrastructure in North America, Europe, Latin America and Asia. Headquartered in Miami, Florida, I Squared Capital has offices in Hong Kong, London, New Delhi, Singapore and Taipei.
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Technology & Services

VLS, a portfolio company of Aurora, acquisition by I Squared Capital

Date
August 2022
Company
VLS Environmental Solutions, LLC
Transaction
M&A - Sellside
Sectors
Technology & Services
Verticals
Facility, Industrial, Residential & Environmental Services
Target Geography
North America
Acquiror Geography
North America

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