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  • Venture Capital Firms Complete Deal to Acquire Some FCR Assets from Casella

    Posted on March 2nd, 2011 admin No comments

    Pegasus Capital LLC, an affiliate of Pegasus Capital Advisors L.P., and Intersection LLC have announced the creation of Re Community Holdings , LP (ReCommunity), a new entity formed in partnership with MissionPoint Capital Partners LLC, HarbourVest Partners LLC and Ares Capital Corp. The newly formed entity follows the closing of the acquisition of select recycling assets of FCR Inc., a wholly-owned subsidiary of Casella Waste Systems Inc. The Venture Capital (VC) firms acquired FCR’s assets for $134.1 million in gross proceeds, including an estimated $3.7 million working capital adjustment.

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    Venture Capital Firms Complete Deal to Acquire Some FCR Assets from Casella

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