Mergers & Acquisitions ·
Clean Harbors completes $775M acquisition of EnviroServe and ES&H, funded by $600M senior notes
CLHClean Harbors Inc
Clean Harbors completed its previously announced acquisitions of EnviroServe and ES&H for a combined purchase price of $775 million. The transactions were financed using available cash and proceeds from a $600 million offering of 6.250% senior notes due 2034 issued on October 1, 2026. On a combined basis, the acquired entities are expected to generate approximately $340 million in annual revenues and $87 million in post-synergy Adjusted EBITDA, representing an acquisition multiple of 8.9 times. Clean Harbors is North America’s leading provider of environmental and industrial services.