CenterOak Partners Exits Shamrock Environmental
CenterOak Partners has announced the sale of Shamrock Environmental to a subsidiary of Republic Services, Inc. (NYSE: RSG). This transaction marks the eighth and final exit from CenterOak Fund I, a 2016 vintage buyout fund.
Shamrock Environmental, founded in 1994 and based in Browns Summit, North Carolina, is a leading provider of industrial waste and wastewater treatment services. The company operates six Centralized Wastewater Treatment facilities and multiple solidification sites, serving customers across more than 20 states with approximately 300 employees.
During CenterOak's five-year investment period, Shamrock achieved significant revenue and EBITDA growth, with permitted capacity more than quadrupling. The company's operations span the East Coast from Florida to Pennsylvania, providing non-discretionary, mission-critical services to a diverse industrial customer base.
CenterOak Partners ha annunciato la vendita di Shamrock Environmental a una sussidiaria di Republic Services, Inc. (NYSE: RSG). Questa transazione segna l'ottava e ultima uscita dal CenterOak Fund I, un fondo di buyout del 2016.
Shamrock Environmental, fondata nel 1994 e con sede a Browns Summit, Carolina del Nord, è un fornitore leader di servizi di trattamento dei rifiuti industriali e delle acque reflue. L'azienda gestisce sei impianti di trattamento centralizzati delle acque reflue e più siti di solidificazione, servendo clienti in oltre 20 stati con circa 300 dipendenti.
Durante il periodo di investimento di cinque anni di CenterOak, Shamrock ha raggiunto una significativa crescita dei ricavi e dell'EBITDA, con una capacità autorizzata che è più che quadruplicata. Le operazioni dell'azienda si estendono lungo la Costa Est, dalla Florida alla Pennsylvania, fornendo servizi non discrezionali e critici per la missione a una base clienti industriale diversificata.
CenterOak Partners ha anunciado la venta de Shamrock Environmental a una subsidiaria de Republic Services, Inc. (NYSE: RSG). Esta transacción marca la octava y última salida del CenterOak Fund I, un fondo de compra del año 2016.
Shamrock Environmental, fundada en 1994 y con sede en Browns Summit, Carolina del Norte, es un proveedor líder de servicios de tratamiento de residuos industriales y aguas residuales. La empresa opera seis instalaciones de tratamiento centralizado de aguas residuales y múltiples sitios de solidificación, atendiendo a clientes en más de 20 estados con aproximadamente 300 empleados.
Durante el período de inversión de cinco años de CenterOak, Shamrock logró un crecimiento significativo en ingresos y EBITDA, con una capacidad permitida que se cuadruplicó. Las operaciones de la empresa abarcan la Costa Este, desde Florida hasta Pennsylvania, proporcionando servicios no discrecionales y críticos para la misión a una base de clientes industriales diversa.
CenterOak Partners는 Shamrock Environmental을 Republic Services, Inc. (NYSE: RSG)의 자회사에 매각했다고 발표했습니다. 이번 거래는 CenterOak Fund I의 여덟 번째이자 마지막 출구를 의미합니다. 이 펀드는 2016년에 설립되었습니다.
Shamrock Environmental는 1994년에 설립되어 노스캐롤라이나주 브라운스 서밋에 본사를 두고 있으며, 산업 폐기물 및 폐수 처리 서비스의 선두 제공업체입니다. 이 회사는 6개의 중앙집중식 폐수 처리 시설과 여러 고형화 사이트를 운영하며, 약 300명의 직원으로 20개 이상의 주에 걸쳐 고객에게 서비스를 제공합니다.
CenterOak의 5년 투자 기간 동안 Shamrock은 상당한 매출 및 EBITDA 성장을 달성했으며, 허가된 용량이 4배 이상 증가했습니다. 이 회사의 운영은 플로리다에서 펜실베이니아까지 동부 해안을 아우르며, 다양한 산업 고객에게 비재량적이고 임무 필수적인 서비스를 제공합니다.
CenterOak Partners a annoncé la vente de Shamrock Environmental à une filiale de Republic Services, Inc. (NYSE: RSG). Cette transaction marque la huitième et dernière sortie du CenterOak Fund I, un fonds de rachat de 2016.
Shamrock Environmental, fondée en 1994 et basée à Browns Summit, Caroline du Nord, est un fournisseur leader de services de traitement des déchets industriels et des eaux usées. L'entreprise exploite six installations de traitement des eaux usées centralisées et plusieurs sites de solidification, servant des clients dans plus de 20 États avec environ 300 employés.
Au cours de la période d'investissement de cinq ans de CenterOak, Shamrock a réalisé une croissance significative de son chiffre d'affaires et de son EBITDA, avec une capacité autorisée multipliée par plus de quatre. Les opérations de l'entreprise s'étendent sur la côte est, de la Floride à la Pennsylvanie, fournissant des services non discrétionnaires et critiques pour la mission à une base de clients industriels diversifiée.
CenterOak Partners hat den Verkauf von Shamrock Environmental an eine Tochtergesellschaft von Republic Services, Inc. (NYSE: RSG) angekündigt. Diese Transaktion markiert den achten und letzten Ausstieg aus dem CenterOak Fund I, einem Buyout-Fonds aus dem Jahr 2016.
Shamrock Environmental, 1994 gegründet und mit Sitz in Browns Summit, North Carolina, ist ein führender Anbieter von Dienstleistungen zur Behandlung von Industrieabfällen und Abwasser. Das Unternehmen betreibt sechs zentralisierte Abwasserbehandlungsanlagen und mehrere Feststoffierungsstandorte und bedient Kunden in über 20 Bundesstaaten mit etwa 300 Mitarbeitern.
Während der fünfjährigen Investitionsperiode von CenterOak erzielte Shamrock ein erhebliches Umsatz- und EBITDA-Wachstum, wobei die genehmigte Kapazität mehr als vervierfacht wurde. Die Betriebsabläufe des Unternehmens erstrecken sich an der Ostküste von Florida bis Pennsylvania und bieten nicht diskretionäre, mission-kritische Dienstleistungen für eine vielfältige industrielle Kundenbasis.
- Significant revenue and EBITDA growth over five-year period
- Quadrupled permitted capacity during ownership period
- Strategic expansion across 20+ states
- Strong operational infrastructure with 6 treatment facilities
- None.
Insights
This strategic acquisition significantly strengthens Republic Services' position in the specialized industrial waste management sector, particularly in the high-margin wastewater treatment segment. Shamrock's extensive infrastructure of six permitted Centralized Wastewater Treatment facilities represents a valuable asset, as these permits create substantial barriers to entry and typically take years to obtain.
The transaction offers three key strategic advantages:
- Geographic expansion across 20+ states along the East Coast, complementing RSG's existing network and creating operational synergies
- Vertical integration capabilities that should improve margins and operational control
- A stable, recurring revenue stream from diverse industrial clients, reducing cyclical exposure
Notably, Shamrock's quadrupled permitted capacity under CenterOak's ownership positions RSG to capture growing industrial waste volumes, particularly in the rapidly developing Southeast region. The company's fleet of specialized tankers and vacuum trucks, combined with approximately 300 skilled employees, provides immediate operational scale in this specialized segment.
This acquisition aligns with the broader industry trend of major waste management players expanding into specialized, higher-margin services. The industrial wastewater treatment market typically commands premium pricing due to regulatory requirements and technical expertise needed, which should positively impact RSG's blended margins.
Transaction Represents the Sale of the Final Investment from CenterOak Fund I
Founded in 1994 and headquartered in
“Alongside management, CenterOak built a scaled provider of wastewater and waste processing services covering growing markets located on the East Coast from
Houlihan Lokey served as lead financial advisor to Shamrock, with Brown Gibbons Lang & Company serving as a co-advisor.
About Shamrock Environmental
Shamrock Environmental is a leading provider of essential environmental services, including non-hazardous wastewater treatment, waste services, and industrial services. Leveraging the company’s footprint of Centralized Wastewater Treatment facilities, solidification sites and fleet of tankers and vacuum trucks, Shamrock provides mission-critical services to customers in diverse end markets across more than 20 states. For more information, please visit www.shamrockenviro.com
About CenterOak Partners LLC
CenterOak Partners LLC is a
View source version on businesswire.com: https://www.businesswire.com/news/home/20250214028857/en/
Jeremy Milner
BackBay Communications
jeremy.milner@backbaycommunications.com
(401) 862-9422
Source: CenterOak Partners LLC
FAQ
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