Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:46 AM
Recent mergers and acquisitions in the Utilities M&A category.
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Slide #12. Stericycle — PSC Environmental Services, LLC
Acquirer:
Stericycle (NASDAQ:SRCL)
Acquiree:
PSC Environmental Services, LLC
Details:
Stericycle, Inc. (Nasdaq:SRCL) today announced that it has acquired PSC Environmental Services, LLC ("PSC Environmental"), a portfolio company of Lindsay Goldberg LLC and a leading provider of environmental and regulated waste management solutions. The transaction was completed following clearance from the U.S. Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Upon closing, PSC Environmental became a wholly-owned subsidiary of Stericycle. PSC Industrial Services, also owned by Lindsay Goldberg, was not part of the transaction and will continue to operate as part of PSC Holdings.
Stericycle is engaged in regulated waste and compliance services and secure information destruction. Co.'s North America and International segments provide services including: Regulated Waste and Compliance Services, which provide collection and processing of regulated and specialized waste, including medical, pharmaceutical and hazardous waste, for disposal and compliance programs; Secure Information Destruction Services, which provide for the collection of personal and confidential information for secure destruction and recycling of shredded paper; and Communication and Related Services which includes communication services such as appointment reminders, messaging, and event registration.
SRCL SEC Filing Email Alerts Service
Preferred: SRCLP
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Avg. Broker Rec.
 
|
Buy (2.70 out of 4) 15th percentile
(ranked lower than approx. 85% of all stocks covered)
Analysts' Target Price: SRCL Stock Forecast Based on Zacks ABR data; powered by Xignite |
