WhiteHorse Capital Provides Financing to Superior Environmental Solutions
WhiteHorse Capital is pleased to announce it has agented a new $125.0 million first lien credit facility in support of Palladium Equity Partners’ (“Palladium” or the “Sponsor”) acquisition of Superior Environmental Solutions (“SES” or the “Company”). Founded in 1999, and headquartered in Cincinnati, SES is a provider of environmental, industrial, emergency response, and product destruction services in the Midwestern and Southeastern United States.
“The WhiteHorse Capital team was a great financial partner throughout the transaction. We were impressed with their ability to move quickly and provide certainty of execution under a compressed timeframe,” said Scott Kirschner, Principal at Palladium Equity Partners.
Jason Hicks, Managing Director at WhiteHorse Capital, added, “We appreciate the opportunity to partner with Palladium and look forward to supporting the SES Management team as they execute on their growth strategy.”
About Superior Environmental Solutions
Superior Environmental Solutions provides specialized industrial and environmental services, including emergency response, hydro-blasting, vacuum truck services, sponge blasting, product destruction, recycling and universal-waste management, transportation and waste disposal. The Company’s more than 500 employees serve over 500 customers across end markets such as agriculture, food processing, metals, utilities and chemicals from more than 25 locations in Ohio, Indiana, Illinois, Michigan, Wisconsin, Iowa, California, Kentucky, Tennessee, and North Carolina.
About WhiteHorse Capital