Cuatrecasas advises Platinum Equity on sale of Urbaser to consortium of investment managers Blackstone and EQT
Don’t miss our content
SubscribeCuatrecasas has advised US private equity firm Platinum Equity on selling Spanish environmental services giant Urbaser to a consortium formed by US venture capital manager Blackstone and the Swedish EQT.
Following the €5.8 billion transaction, Blackstone and EQT will each own a 50% stake in Urbaser and will jointly manage the company. Founded over three decades ago, Urbaser is a leading provider of comprehensive waste management solutions and environmental services, focused on maximizing recycling and resource generation through long-term contracts with municipalities and industrial clients.
Platinum Equity—which has worked in recent years to strengthen Urbaser’s business and unlock its full potential—is a global firm specializing in mergers, acquisitions, and corporate transactions involving companies that provide technology, communications, manufacturing, healthcare, and other services. With a portfolio of 50 companies from different sectors and regions, and offices in over 20 countries, it operates as a private equity firm, providing financing and other resources for the companies it acquires.
The Cuatrecasas advisory team was made up of Corporate Practice lawyers Javier Martí-Fluxá, José Luis Rodríguez, Sora Park, Guido Samir Adlaoui, Ricardo Ramírez-Montesinos, and Carmen Baamonde.
Don’t miss our content
Subscribe