RTTNews | Aug 4, 2021 07:38AM EDT

07:37 Wednesday, August 4, 2021 (RTTNews.com) - Clean Harbors, Inc. (CLH), a provider of environmental and industrial services, has agreed to acquire HydroChemPSC or HPC, from an affiliate of Littlejohn & Co., LLC, for $1.25 billion. HPC is a provider of industrial cleaning, specialty maintenance and utilities services. It serves a broad range of end markets including refining, chemical and utilities.

HPC has more than 5,000 employees and operates a sizeable fleet of specialized vehicles and equipment. The fleet consists of more than 5,600 units. HPC anticipates revenues of approximately $744 million in 2021, with full-year adjusted EBITDA of approximately $115 million.

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