Brown Gibbons Lang & Company (BGL) is pleased to announce Coalesce Capital, a private equity firm focused on investing in business services companies, has signed a definitive agreement to acquire Miller Environmental Group (Miller), a leading provider of essential waste, industrial, and environmental services across the United States, from GenNx360 Capital Partners. BGL’s Environmental Services investment banking team served as the exclusive financial advisor to Coalesce Capital in the transaction. The specific terms of the transaction were not disclosed.
Miller operates an integrated network of 30 locations throughout the United States, with 22 field service branch locations augmented by a portfolio of 10-day transfer facilities and treatment, storage, and disposal facilities (TSDF’s) for waste processing. Coalesce Capital will support Miller’s next phase of growth through investments in human capital, technology, and add-on acquisitions to expand the Company’s branch and facility network and service to its customers.
BGL’s Services investment banking professionals have extensive M&A and capital markets experience, with deep knowledge in Environmental Services, Industrial & Infrastructure Services, Commercial & Residential Services, Professional Services, and Supply Chain & Logistics Services. Our Services team is deeply connected across the industries we serve, maintaining strong relationships with strategic and financial buyers around the globe.
To learn more about the state of waste management M&A, including how sustainability is accelerating investor appetite in the sector, download our most recent Environmental Services Insider.