BDO Corporate Finance were delighted to act for the owners of Rilta and ClearCircle NI, a hazardous and specialist waste group, in respect of the sale of their interest to ENVA (backed by Exponent Private Equity) for a consideration of €45m. The combined entity is now the second-largest provider of hazardous and specialist waste services in Ireland. Our Corporate Finance team previously advised the current owners in their successful MBO, leading to the acquisition of a majority interest by them in Rilta and ClearCircle NI from One51 Group plc which completed in April 2017.
The team involved at BDO included Katharine Byrne, Corporate Finance Partner, Richard Duffy, Corporate Finance Director, John Gilmor-Gavin, Tax Partner and Eimear Fitzpatrick, Corporate Finance Manager.