Littlejohn & Co. Welcomes Ares as Significant Investor in Interstate Waste Services
Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.
- Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.
- Littlejohn and Ares funds will each have significant ownership stakes in the Company.
- “We are proud to work with Ares as we continue to strategically build IWS services and capabilities for customers,” said Brian Michaud, a Managing Director at Littlejohn.
- Baird served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Ares.