Millbrook Builds Waste and Recycling Platform Wastebuilt
January 09, 2013
Millbrook Capital Management has created Wastebuilt Environmental Solutions, a platform service provider to the waste and recycling equipment industry. Concurrently, the firm announced the acquisition of two companies—Stepp Equipment, a parts and distribution provider to the refuse, scrap and recycling industry, and Galfab, a manufacturer of transportation products for the garbage and scrap industry. The two companies have combined annual revenues of approximately $40 million. They will continue to operate in their existing locations.