Livingbridge, a mid-market private equity investor, has invested in Waste Services Group (WSG), a provider of waste management solutions for Australian businesses.
Led by CEO Matt Tamplin, WSG has demonstrated consistent organic growth and high customer retention driven by its market leading customer service focus. Over the last five years this has been supplemented with strategic acquisitions which have broadened WSG’s service offering and geographic coverage.
The investment marks the fifth investment by Livingbridge Australia since the opening of the firm’s Melbourne office in 2016.
Ares provided a unitranche debt facility to support Livingbridge’s investment. Advisors to Livingbridge included Stanton Road Partners, Trident DCA, Allens, EY and ERM. Advisors to WSG included KPMG, HSF, LEK and Deloitte.
