Published: November 30, 2011
Private equity firm buys waste management company KOM-EKO.
Royalton Capital Investors, a private equity fund focused on Central and Eastern Europe, has taken a majority stake in KOM–EKO, a Polish waste management company.
The leveraged buy-out is Royalton’s second acquisition this year after its takeover of Litcargus UAB, a Lithuanian ground handling company.
BRE Bank provided PLN39mn (US$11.4mn) in acquisition financing.
Royalton was advised by Strazeccy Jalinski & Wspolnicy and Squire Sanders Święcicki Krześniak, Grant Thorton Frackowiak and W S Atkins. BRE Bank was supported by Clifford Chance.