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Roark Capital acquires QualaWash Holdings

Roark Capital Group, an Atlanta-based private equity firm that invests in environmental services companies, has announced that its affiliate has acquired QualaWash Holdings.

QualaWash is the largest independent provider of truck tank and container washing services through its network of 52 locations. 

Headquartered in Tampa, Florida, QualaWash provides cleaning and residual waste handling procedures for over 12,000 products, including latex, industrial oils, resins, solvents, and paint. The company has been led by chief executive Mike Bauer since 2005.

"We are excited to partner with Mike and the team at QualaWash to support their goal of continued growth and high-quality customer service," says Roark Capital Group president Jeffrey J. Keenan (pictured).

Bauer says: "Roark’s team and industry experience will provide QualaWash with the additional resources needed to accelerate our disciplined approach to organic and acquisition growth, while continuing to provide superior service and environmentally-friendly solutions for our customers." 

QualaWash represents Roark’s third environmental service platform investment and 29th transaction in this sector. Roark’s other platform investments include the USD100m growth equity investment in Waste Pro USA and USD120m growth equity investment in GFL Environmental.

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