DTG Recycle (DTG) announced that a fund managed by Macquarie Asset Management (MAM), has completed the acquisition of DTG from its current owners. DTG is Washington State’s leading independent vertically integrated non-MSW recycling business.
The resulting ownership structure will accelerate DTG’s growth trajectory and solidify its leadership position as the largest privately held vertically integrated non-MSW recycling business in Washington State; the investment will have no impact on the company’s existing services or operations.
“We are excited to partner with Macquarie Asset Management through this investment into DTG. With their deep knowledge of the space and their track record of providing ongoing capital and dedicated support to management teams, we will be able to accelerate our growth both within our existing area of operations and into adjacent geographies. This partnership will help us continue to advocate for increased diversion of recyclable non-MSW materials out of landfills and support our communities’ sustainability goals,” said DTG Chief Executive Officer Tom Vaughn.
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