Aurora Capital Partners, a middle market private equity firm, has acquired Curtis Bay Medical Waste Services, a provider of medical waste collection, treatment and disposal services, from Summer Street Capital Partners.
“We are thrilled to partner with the entire Curtis Bay team, and are humbled and grateful that they selected us to support them as the company enters its next stage of expansion,” said Andrew Wilson, partner at Aurora. “With a deep pipeline of growth opportunities combined with a leading position in the markets it serves today, Curtis Bay is an ideal fit for the Aurora program. We look forward to working closely with Mark Schifani, CEO of Curtis Bay, and to leveraging our history of partnerships with high-quality route-based service providers.”
“Mark has assembled an impressive team and built Curtis Bay into a real leader in the medical waste management industry,” said Matt Laycock, partner at Aurora. “The company has a strong operational foundation that uniquely positions it to capitalize on a range of attractive growth opportunities as well as a balance sheet designed to support Aurora’s Buy and Build strategy. We’re excited to be their partner as Curtis Bay leverages its strong market position to pursue organic growth as well as add-on acquisitions.”
“As an industry leader, Curtis Bay is focused on safety, compliance, and best-in-class services to the healthcare industry, from local pharmacies to national hospitals,” said Mark Schifani, CEO of Curtis Bay. “Aurora has an incredible reputation of serving as a true partner to its portfolio companies, and we are thrilled to be able to leverage their insights and expertise in route-based and environmental services to expand our footprint and grow Curtis Bay into the premier
medical waste management company in the US.”
Baird served as financial advisor and Gibson Dunn served as legal advisor to Aurora, and Stifel Nicolas served as financial advisor to Curtis Bay and Summer Street Capital Partners. Antares arranged the debt financing for the transaction.