Environmental 360 Solutions Inc. announces it has received a significant strategic investment from funds managed by Oaktree Capital Management, L.P. Oaktree’s investment will support the continued growth of the Company. “We are thrilled to partner with Founder and CEO, Donato (Danny) Ardellini, his exceptional leadership team and existing investors. We look forward to supporting E360S’ growth and continued success”, said Jared Parker, Managing Director at Oaktree. Mr. Parker will join the E360S board.
E360S’ Founder and CEO, Danny Ardellini, added, “We look forward to this strategic partnership between E360S and Oaktree. The Oaktree team brings a tremendous amount of experience and resources that will enable us to continue to execute on our robust pipeline of acquisitions and organic growth initiatives across North America. Since inception, E360S has grown through 21 acquisitions and several greenfield developments thanks to the hard work and dedication of the entire E360S team.”
UBS Investment Bank served as financial advisor to Oaktree in connection with the transaction and Goodmans LLP served as legal advisor, and Miller Thomson LLP served as legal advisor to E360S.