ClearWaste
Industry: Waste & Industrial
Acquired: 2020
ClearWaste (formerly Environmental Separator Maintenance) is Queensland’s premier liquid waste and wastewater business. Founded in 1996, ClearWaste specialises in the design, installation and maintenance of wastewater equipment and offers ancillary services in all areas of liquid waste.
After 24 years, the vendor was seeking an exit that rewarded the value he created whilst preserving client and employee relationships. Venture Growth Partners was able to structure a transaction which met the vendor’s expectations and ensured that all existing employees were retained.
Since acquiring the business, Venture Growth Partners has rebranded, relaunched the website and brought in several high-level industry experts to help steward the future growth of the business.