Waste Service Group
Liberty advises the management team of Waste Services Group on its acquisition by Carlyle
Liberty Corporate Finance is delighted to announce they have advised the management team of Australian waste management business Waste Services Group (WSG) on its acquisition by global investment firm Carlyle.
Established in 2016, WSG is a waste services company operating in the commercial and industrial segment of the Australian waste sector, serving over 10,000 customers and employing over 600 people.
Carlyle will work with WSG’s management team to further build out the company’s scale and operations, including supporting continued geographic expansion within Australia, and the broadening of services provided. Vendor, Livingbridge, a global mid-market private equity firm, will also reinvest to retain a significant minority stake.
We are pleased with the outcome for shareholders, and also for the business, having quality partners in Carlyle and Livingbridge. Tom and the Liberty team were a great support by providing knowledgeable advice and a trusted voice. That took pressure off me and allowed me to focus on the rest of the deal.
Matt Tamplin
CEO at Waste Services Group
We are delighted to have assisted Matt, Steve and his team on this significant transaction for WSG. The team have delivered outstanding results over many years and we look forward to watching them continue their successful journey.
Tom Anning
Partner
+61 424 065 316
tom.anning@liberty-cf.com