RES to Receive New Investment from Onex Partners and Continued Investment from KKR
TORONTO and HOUSTON, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Resource Environmental Solutions, LLC (“RES” or “the company”), the nation’s largest ecological restoration company, today announced that Onex Partners V, Onex Corporation’s (“Onex”)(TSX:ONEX) $7.2 billion fund, has agreed to make a significant investment in RES, together with funds affiliated with the company’s existing investor, KKR. This investment, made in partnership with management, is in support of RES’ continued growth and development.
- This investment, made in partnership with management, is in support of RES continued growth and development.
- With the backing of Onex Partners and KKR, we will continue to invest in talent and capabilities, and grow into new markets and new communities.
- I believe that Onex Partners and KKR will be formidable partners and dedicated stewards of our business during the next phase of ownership.
- KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.