Patriot Capital Announced Investment in Long Island Waste Services
Patriot Capital Announced Investment in Long Island Waste Services
Patriot Capital Announces Investment in Long Island Waste Services
Patriot Capital, a multi-strategy middle market investment firm, is pleased to announce its recent debt and equity co-investment to support the recapitalization of Long Island Waste Services (“LIWS” or the “Company”), a locally owned and operated waste management company located on Long Island, NY, that provides solid waste solutions to commercial, residential, and industrial customers.
Patriot partnered with Terramont Infrastructure Partners, a North American middle market-focused infrastructure investment firm, Comerica Bank, and Tecum Capital partners in its investment in LIWS. Dickson Suit of Environmental Services Investors served as advisor for LIWS.
LIWS’ comprehensive services encompass efficient waste collection, state-of-the-art transfer stations, materials recovery facility and environmentally responsible disposal. LIWS specializes in materials processing and commodities recycling where various recyclables such as cardboard, paper, metals and construction materials are recovered for resale or alternatives applications.
For more information on this transaction, please contact:
Sean Bilbrough, Vice President
Charles McCusker, Managing Partner
Trinh Le, Analyst