Seller: Action Environmental Group
Transaction Type: Recapitalization
Industry: Environmental Services
Headquarters: Newark, NJ
Overview: Action Environmental Group is a 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: Summer Street Capital
Headquarters: Buffalo, NY
Overview: Summer Street Capital Partners LLC, is a Buffalo, NY-based private equity fund with approximately $300 million of committed capital is focused on investing in small-market companies. The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies. Summer Street’s investors include leading pension funds, insurance companies and banking institutions.