“These obstacles often create impediments to accurate data collection and prevent a clear understanding of what goes into and comes out of the different infrastructure stages that support recycling.” “Data transparency in the recycling industry has been a longstanding challenge due to the complexity of mixed material streams, compounded by ongoing changes in consumer packaging,” says Matanya Horowitz, founder and CEO of Amp. The company says the technology provides “measurable transparency on the recyclables captured and missed during different recycling processes, as well as confirming the composition of recovered material bales destined for resale to end markets in the supply chain.”
Hidden harbor software#
Financial terms of the transaction were not disclosed.Īmp Robotics Corp., Denver, has introduced Amp Clarity, artificial intelligence- (AI-) powered material characterization software that enables the recognition and classification of recyclables as they flow through the different recovery stages of the recycling process. Ares, Los Angeles, provided financing for the transaction. LGP’s legal advisor was Lathan & Watkins, New York, and financial advisor was Houlihan Lokey, Los Angeles. Petersburg, Florida, acted as financial advisors, and McDermott Will & Emery, Chicago, acted as legal advisor to Stella and Hidden Harbor in connection with the sale. Piper Sandler & Co., Minneapolis, and Raymond James, St. Over Hidden Harbor’s ownership period, Stella completed six add-on acquisitions and drove significant organic growth. Hidden Harbor acquired Stella in 2017 as a carve-out from Birmingham, Alabama-based Action Resources, and in partnership with the Stella team, made substantial investments to build a highly scalable organization and develop a "best-in-class platform" within the transfer station management industry. Customers served include integrated waste companies and municipalities.
The company’s key services include managing fully outsources operations and waste loading at transfer stations, coordinating waste hauling from transfer stations to landfills and providing on-site landfill services. With over 65 transfer stations across nine states, Stella processes more than seven million tons per year. Hidden Harbor Capital Partners, Boca Raton, Florida, has announced the completed sale of Houston-based Stella Environmental Services, a leading provider of fully outsourced transfer station management services to the municipal solid waste industry, to affiliates of Leonard Green & Partners L.P.
0 kommentar(er)
