Clairvest Invests in Beneficial Reuse Management

Company Overview - Clairvest Group Inc. has announced a recapitalization and investment in Beneficial Reuse Management (BRM), marking its 10th partnership in the environmental services sector [1] - BRM, founded in 1999, specializes in converting industrial waste into value-added products for agriculture, landscape, wallboard, and construction markets [2] - BRM operates six processing and manufacturing facilities and has a distribution network of over 116 locations [2] Investment Details - The investment in BRM is part of Clairvest's 69th platform investment and the third investment from Clairvest Equity Partners VII, which has a total investment pool of US$1.2 billion, including US$300 million from Clairvest [5] - Clairvest has been investing in the environmental services sector for over 19 years, indicating a strong commitment to this industry [1] Strategic Focus - BRM aims to meet the growing demand for specialty agricultural nutrients and recycled wallboard while providing innovative waste disposal and recycling solutions [3] - The partnership with Clairvest is expected to support BRM's aggressive growth plan to become a leading beneficial reuse and industrial recycling company in the U.S. [3][4] - Clairvest's expertise and track record in supporting growth are seen as valuable assets for BRM's continued development [4]