The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, the bank said on Tuesday. The Boca Raton, Florida-based firm was formed in 2017 out of a partnership between its Chief Executive Brendon Pantano, and private equity firms Summer Street Capital and Concentric Equity Partners. Pantano and his management team will remain in their positions, while also retaining ownership stakes in the business, Macquarie said.
From multi-billion dollar deals to some of the busiest dealmakers in the region, we celebrate the transactions that help make North Texas the business hub it is today.
A news release from Colonnade Securities distributed on Wednesday mentioned the advising of Streamline Recon, which was acquired by SolutionWorks, a leading provider of automotive reconditioning services jointly owned by Alitus Capital Partners and Concentric Equity Partners.