Dive Brief:
- Tricor Pacific Capital, a private equity firm acquired Certified Recycling, an Anaheim, CA-based company.
- Lincoln International served as financial advisor during the deal.
- Certified Recycling provides waste and recycling services and also operates Certified Document Destruction, a document destruction business that offers on and off-site annihilation of sensitive materials.
Dive Insight:
Matt Dalton, a co-owner of Certified Recycling, said the investment will accelerate growth and enhance the level of service and support the company provides to suppliers and brokers. Justin Dalton, the CEO and co-owner of the company, said Tricor will "help accelerate the company’s strategic growth initiatives."