Seller: Action Environmental Group
Transaction Type: Recapitalization
Industry: Environmental Services
Headquarters: Newark, NJ
Overview: Action Environmental Group is the leading provider of solid waste collection and environmental services for the business community of New York’s five boroughs. Action is headquartered in Newark, New Jersey with key operations and facilities in the Bronx. With more than 290 employees, 100 trucks, a materials recovery facility and two transfer stations, Action provides the highest quality solid waste, recycling collection and disposal services.
Buyer: Brightwood Capital Advisors, LLC
Headquarters: New York, NY
Overview: Brightwood Capital Advisors, LLC is a private equity firm specializing in event-driven financings of all stages from bridge to phase including mezzanine investments, leveraged buyouts, industry consolidation, turnaround, emerging growth, PIPES, acquisitions, recapitalizations, restructurings, rescue financing, growth capital and refinancing of lower middle market companies.