Deal Details

Frontier Waste Is Acquired by Concentric Equity Partners and Summer Street

Technology & Services

Frontier, a portfolio company of Blue Sage and Trailcreek, sale to CEP and Summer Street

Summary

Frontier Waste Holdings (“Frontier” or “the Company”), a portfolio company of Blue Sage Capital (“Blue Sage”) and Trailcreek Capital Group (“Trailcreek”), recently announced its sale to Concentric Equity Partners (“CEP”) and Summer Street Capital Partners (“Summer Street”). Terms of the transaction were not disclosed.

Baird served as financial advisor to Frontier on this transaction.

About

Frontier is a leading provider of municipal solid waste services to the municipal, residential, commercial and industrial markets in the large and rapidly growing Texas market. The Company has a demonstrated history of selling and integrating long-term municipal contracts at attractive returns. Frontier has a deep track-record of organic and successful M&A growth - sourced, negotiated, closed, and integrated by the Frontier management team. The Company is headquartered in Dallas, Texas.

Blue Sage is a private equity firm exclusively focused on environmental solutions, niche manufacturing and specialty services. Blue Sage specializes in growth, recapitalization and buyout financings of middle-market companies. Blue Sage was founded in 2003 and is based in Austin, Texas.

Trailcreek Capital Group is a private investment firm formed in 2014 to make long-term investments in growing companies with attractive fundamentals. Trailcreek seeks to leverage extensive industry knowledge to pursue investments principally within business, industrial, consumer and healthcare services sectors.

CEP, founded in 2003, is a private equity investment firm based in Chicago, Illinois. CEP invests its own capital, which gives it the flexibility to take a long-term approach when needed. As a family office, CEP can provide capital and strategic advisory to leading middle market companies to accelerate growth and to create long-term value.

Summer Street, founded in 1999, is a Buffalo, New York-based private equity firm. Summer Street invests alongside talented managers, bringing capital and other resources to support acquisitions, aggressive growth strategies, management buy-outs, family transitions, corporate divestitures and recapitalizations.

Technology & Services

Frontier, a portfolio company of Blue Sage and Trailcreek, sale to CEP and Summer Street