CHICAGO and CLEVELAND, June 14, 2017 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of Superior Environmental Solutions, Inc. (SES) by Rosewood Private Investments, Inc. (Rosewood), a subsidiary of The Rosewood Corporation. SES founders Dean Wallace and Chester Yeager have retained a significant ownership position in the company and will continue to lead SES post-transaction. Rosewood's operating advisor, Bill Massa, will join the company's board as part of Rosewood's investment and brings over 25 years of executive experience at companies such as Celanese, Clean Earth, and Synagro. BGL's Environmental & Industrial Services team served as the exclusive financial advisor to SES in the transaction. The specific terms of the transaction were not disclosed.
Founded in 1999 and headquartered in Cincinnati, Ohio, SES is a leading provider of environmental and industrial cleaning services in the Midwest. The company provides a comprehensive suite of critical routine and turnaround services including industrial vacuum cleaning, waterblasting, pressure washing, emergency response, waste transportation and disposal, and hydroexcavation. SES's sterling reputation for service and safety has enabled it to become a trusted service partner to a wide range of ethanol, chemical, steel production, refining, food and beverage, utility, and manufacturing customers throughout the Midwest. The company serves its customers locally from 13 facilities across Ohio, Indiana, Kentucky, Pennsylvania, and Michigan.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer, Environmental & Industrial Services, Healthcare & Life Sciences, Industrials, and Real Estate. BGL has offices in Chicago, Cleveland, and Philadelphia and real estate offices in Chicago, Cleveland, Irvine, and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.
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