ABOUT THE COMPANY:
Custom Ecology, Inc. (“CEI”) provides full-service municipal and industrial environmental commodities transportation services – including transfer station management and hazardous waste handling. The Company maintains an array of hard assets – from a fleet of more than 500 tractors to trailers, pneumatic tankers, belt dumps, and steel haulers.
The Company had expanded its operations to cover the Eastern and Midwestern U.S., had grown to more than 700 employees, and had booked more than $145MM in revenue in 2018. Ownership sought to execute a majority recapitalization or a sale, as well as resolve significant liquidity challenges facing the Company.
G2 was engaged to represent CEI as its exclusive Financial Advisor and was responsible for running an expeditious, targeted, and high-touch process – simultaneously identifying and evaluating additional strategic options and alternatives.
G2 completed a recapitalization of CEI and executed an exit for the ownership group.