Fort Point Capital, a Boston-based private equity firm, announced today that it has completed a recapitalization of Boston Green Company (“Boston Green”, or the “Company”), in partnership with the Company’s founders and management team. Headquartered in Freetown, MA, Boston Green is a leading provider of environmental services for the New England and Mid-Atlantic markets. The Company provides critical hazardous and non-hazardous waste transportation and disposal, industrial cleaning and maintenance services, and emergency response services for commercial, retail, industrial, and government customers.
“We are excited to partner with Boston Green’s Chief Executive Officer, Adam Dennison, and the rest of the management team to support the Company’s growth,” said Christina Pai, Partner at Fort Point Capital. “Boston Green has built a reputation as the go-to-provider for mission-critical environmental services in New England, earning its clients’ trust with best-in-class responsiveness and expertise to solve all of their environmental needs.”
“I am thrilled to partner with Fort Point and excited to take Boston Green to the next level,” said Adam Dennison. “This investment will enable our continued investment in our team, specialized fleet, and geographic presence to better serve our customers. We believe Fort Point’s extensive background supporting founder-led, mission critical field services businesses with geographic and capability expansions is a perfect fit for Boston Green’s ambitions.”
“Over the past several years, Boston Green has experienced tremendous growth, expanding its footprint across New England to support key client partners. Fort Point’s investment in Boston Green continues our firm’s strategy of partnering with founder- and family-owned businesses that we believe can benefit from our operating and buy-and-build expertise,” said Michael Duffy, Principal at Fort Point Capital.
O2 Sponsor Finance (a division of Old Second National Bank) and Brookside Capital Partners provided debt financing for the transaction. Mirus Capital Advisors advised Boston Green.
