Logos courtesy of Boston Green Co.
Fort Point Capital, a Boston-based private equity firm, has completed a recapitalization of Boston Green Co., a Freetown, Massachusetts-based environmental contractor and provider of hazardous and nonhazardous waste management, in partnership with the company’s founders and management team.
Boston Green provides environmental services for the New England and Mid-Atlantic markets. The company provides critical hazardous and nonhazardous waste transportation and disposal, industrial cleaning and maintenance services and emergency response services for commercial, retail, industrial and government customers.
“We are excited to partner with Boston Green’s CEO, Adam Dennison, and the rest of the management team to support the company’s growth,” says Christina Pai, partner at Fort Point Capital. “Boston Green has built a reputation as the go-to provider for mission-critical environmental services in New England, earning its clients’ trust with best-in-class responsiveness and expertise to solve all of their environmental needs.”
O2 Sponsor Finance, a division of Old Second National Bank, and Brookside Capital Partners provided debt financing for the transaction. Mirus Capital Advisors advised Boston Green.
“I am thrilled to partner with Fort Point and excited to take Boston Green to the next level,” Dennison says. “This investment will enable our continued investment in our team, specialized fleet and geographic presence to better serve our customers. We believe Fort Point’s extensive background supporting founder-led, mission critical field services businesses with geographic and capability expansions is a perfect fit for Boston Green’s ambitions.”
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