LA-based private investment firm Atar Capital has acquired Sustainable Solutions Group (SSG) through its portfolio company, Recycling and Waste Solutions (RWS).
RWS provides US supply chains with managed solutions for commodity recycling and waste services.
SSG provides and manages recycling, waste and sustainability programs for regional and national companies throughout North America. Atar says consolidating the two companies into a single firm expands their ability to deliver sustainable, economic waste solutions and broadens opportunities for growth. Financial terms of the agreement have not been disclosed.
Robert Lezec, senior managing director at Atar, says: “We strongly believe in the future of asset-light facilities management service businesses due to their inherent scalability and value to large national multi-site customers looking for a single source solution provider focused on delivering a wide range of sustainable services. SSG expands and significantly enhances RWS’ already diverse category management capabilities.”
