Hidden Harbor Capital Partners, an operationally focused private equity firm based in Fort Lauderdale, Florida, and specializing in control investments in lower middle-market companies based, has announced the acquisition of Stella Environmental Holdings Inc., a Houston-based division of Action Resources.
Founded in 1992, Stella is a leading provider of transfer station management and municipal solid waste (MSW) logistics services. The company provides facility management, hauling and loading services to MSW and transportation customers across various states.
“Stella has positioned itself as the preferred service provider in its core markets, with a reputation for delivering exceptional service, quality and results to its customers,” says Chris Paldino, a founding partner at Hidden Harbor. “We are excited about Stella’s prospects for continued growth and geographical expansion.”
“Stella is eager to partner with Hidden Harbor, which will bring the resources and capital to continue our strong record of performance and support our next phase of growth,” says Wilfred Roth, CEO of Stella. “As a standalone business, we will continue to provide our best-in-class customer service to our long-standing customer base.”
Hidden Harbor’s acquisition of Stella closed Aug. 18, 2017. Monroe Capital provided financing for the transaction, and Raymond James served as an advisor to Stella.
Birmingham, Alabama-based Action Resources provides specialized transportation services, hauling chemicals and hazardous waste throughout the U.S. and Canada.
Founded in 1992, Stella is a leading provider of transfer station management and municipal solid waste (MSW) logistics services. The company provides facility management, hauling and loading services to MSW and transportation customers across various states.
“Stella has positioned itself as the preferred service provider in its core markets, with a reputation for delivering exceptional service, quality and results to its customers,” says Chris Paldino, a founding partner at Hidden Harbor. “We are excited about Stella’s prospects for continued growth and geographical expansion.”
“Stella is eager to partner with Hidden Harbor, which will bring the resources and capital to continue our strong record of performance and support our next phase of growth,” says Wilfred Roth, CEO of Stella. “As a standalone business, we will continue to provide our best-in-class customer service to our long-standing customer base.”
Hidden Harbor’s acquisition of Stella closed Aug. 18, 2017. Monroe Capital provided financing for the transaction, and Raymond James served as an advisor to Stella.
Birmingham, Alabama-based Action Resources provides specialized transportation services, hauling chemicals and hazardous waste throughout the U.S. and Canada.
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