Equity firm invests in Action Environmental Services

Aug. 19 -- Summer Street Capital Partners LLC, a private equity firm, is making an investment in Action Environmental Services, a solid waste management company serving New York City. Summer Street Capital, based in Buffalo, N.Y., said its investment supports the recent acquisition of certain New York City assets from Republic Services Inc.

"After working and investing together in a successful environmental services company in the early 2000s, we are thrilled to have the opportunity to invest again in support of the talented team at Action," said Brian D´Amico, Summer Street managing partner.
Summer Street joined Ironwood Capital as private equity partners to finance the Republic Services deal.

"The addition of these assets, including two transfer stations, positions Action to serve our customers more effectively in the highly competitive and demanding New York City market," Action CEO Ron Bergamini said.



Contact Waste & Recycling News senior reporter Jim Johnson at 937-964-1289 or jpjohnson@crain.com