BGL Advises on the Sale of EnviroServe to Clean Harbors

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce that it advised on the sale of EnviroServe, a provider of environmental and waste management services and a portfolio company of One Rock Capital Partners, to Clean Harbors, Inc. (Clean Harbors) (NYSE: CLH), a leading provider of environmental and industrial services throughout North America. BGL's Environmental Services investment banking team served as financial advisor to EnviroServe in the transaction. Learn more about the team here.

Headquartered in Sandy, Utah, EnviroServe is a provider of environmental and waste management services, with a service offering spanning remediation, rail services, industrial cleaning and emergency response, as well as hazardous and non-hazardous waste transportation and processing. EnviroServe serves customers across a wide variety of end markets from a strategic network of branches, including 10-day transfer facilities, waste solidification facilities, and railcar cleaning locations. EnviroServe employs more than 700 people and operates a specialized fleet of more than 700 vehicles, including more than 100 vacuum trucks. Its customers span a diverse range of industries, and 85% of its revenue is recurring in nature, with the average tenure of its top 10 customers exceeding 16 years.

About BGL's Environmental Services Investment Banking Team

BGL's Environmental Services investment banking team has been ranked #1 in Environmental Services transaction volume in North America since 2016, according to PitchBook.com. Our Environmental team focuses on businesses that perform essential services to the waste processing & disposal, water & wastewater treatment, waste-to-value, and waste-to-energy markets.

To learn more about BGL's other recent transactions in environmental services M&A, visit our Transactions page.