CHICAGO, IL — (Marketwire) — 03/05/12 — The Peakstone Group served as exclusive financial advisor to Recycling Services on its sale to Waste Management.
Recycling Services, Inc. (“RSI”), based in Chicago, Illinois, has been an industry leader delivering comprehensive recycling solutions of office paper and corrugated cardboard in the Midwest for over 27 years. RSI is well known for developing and marketing innovative and compelling office paper recycling programs.
Waste Management Inc. (NYSE: WM), based in Houston, Texas, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services.
Terms of the transaction were not disclosed.
Peakstone is a leading and one of the fastest growing investment banking firms in the middle market. Peakstone provides middle market companies and their owners with strategic advisory and capital raising solutions. Peakstone also makes select direct equity investments.
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For additional information about this transaction, please contact:
Alex Fridman
Managing Director
Mark Horita
Managing Director
Stephen Sleigh
Managing Director