In a strategic move highlighting the increasing focus on sustainable practices, the EQT Infrastructure VI fund is set to acquire a substantial share in Heritage Environmental Services. HES, a leading enterprise in industrial waste management, has been effectively operating out of Indianapolis since 1970. Renowned for managing a significant clientele, HES caters to over 1,800 customers and handles around 660,000 tons of waste annually. Its prolific growth has been supported by The Heritage Group, which has played a crucial role in enhancing HES’s standing across the nation, with a network of 37 facilities located in key industrial zones. This acquisition by EQT signifies a commitment to advancing environmentally conscious waste management solutions in America’s industrial sectors.
Strategic Growth and Innovations
EQT’s acquisition of HES ushers in a new era of strategic development focused on elevating the company’s services through significant investment and a sustainable lens. The planned advancements include organizational improvements to boost service quality and client satisfaction, as well as integrating innovative digital technologies to enhance operations. These initiatives are expected to be completed by early 2024, continuing the successful partnership between EQT and THG, previously demonstrated in their collaboration on the battery recycling leader, Cirba Solutions. EQT’s leadership is poised to widen HES’s role in the sustainable waste management sector, further cementing its reputation and expanding its impact. This deal embodies a joint commitment to propel waste management into a more sustainable future.
