Houlihan Lokey Advises H.I.G. Capital

Houlihan Lokey is pleased to announce that H.I.G. Capital, LLC (H.I.G.) has acquired Wastequip, LLC (Wastequip) from Centerbridge Partners, L.P. The transaction closed on March 20, 2018.

Founded in 1993, H.I.G. is a leading global private equity and alternative assets investment firm with approximately $25 billion of equity capital under management. Based in Miami, and with other offices in the U.S. and internationally, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach.

Wastequip is the leading North American manufacturer of waste and recycling containment equipment and related products, with an international network of manufacturing facilities and the most extensive dealer network in the industry. Wastequip's broad range of waste and recycling equipment and systems is used to collect, process, and transport recyclables, solid waste, liquid waste, and organics. The company's brands include Wastequip, Toter, Galbreath, Pioneer, Mountain Tarp, Cusco, Go To Parts, and Accurate. Wastequip was founded in 1989 and is headquartered in Charlotte, North Carolina.

Houlihan Lokey served as the exclusive buyside advisor to H.I.G. Houlihan Lokey also provided comprehensive financial and tax due diligence through its Transaction Advisory Services practice. This transaction highlights Houlihan Lokey's unique ability to combine its deep knowledge of industrial and environmental waste solutions M&A advisory and its quality of earnings capabilities in order to provide an integrated solution to our buyside clients.