
V4C-backed Kom-Eko buys Lubelska Agencja Ochrony Srodowiska
Trash-collection business Kom-Eko, backed by Value4Capital (V4C), has acquired a 69.46% stake in Lubelska Agencja Ochrony Srodowiska, a Poland-based environmental protection and waste management agency.
Bill Watson, managing partner at V4C, told Unquote that V4C and its co-investors made an additional capital injection into the business through the holding company.
V4C acquired Kom-Eko from Royalton Partners in November 2018. The GP deployed capital from V4C Poland Plus Fund, which held a final close on €91m in July 2019. The fund targeted €150m and had a €200m hard-cap. Additional equity was provided by co-investors, including the European Investment Bank and Alpha Associates, with the latter investing via the Alpha CEE Opportunity IV fund-of-funds.
Watson also said V4C will continue to look for further opportunities to expand the business through acquisitions, as well as organic projects.
Company
Founded in 1994 and headquartered in Swidnik, Lubelska Agencja Ochrony Srodowiska is an environmental protection and waste management agency. It provides collection, transport and disposal of hazardous and non-hazardous waste, including disposal of asbestos.
Advisers
Acquirer – SSW, Paweł Chyb, Tomasz Wickel, Adam Pawlisz, Marcin Gutkowski, Jakub Ziętek (legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater