Boston Green Company, an environmental services provider based in Freetown, Massachusetts, has received an investment from Fort Point Capital, marking a recapitalization aimed at accelerating the company’s growth and expansion.
The transaction, announced by Fort Point Capital, involves a partnership with Boston Green’s founders and management team. Financial terms of the deal were not disclosed.
Founded in 2007, Boston Green provides hazardous and non-hazardous waste transportation and disposal, industrial cleaning and maintenance, and emergency response services. The company serves commercial, retail, industrial, and government customers across New England and the Mid-Atlantic.
The new investment is expected to support Boston Green’s continued expansion, including investments in its workforce, fleet, and geographic footprint. The company has built a strong reputation for delivering mission-critical environmental services and maintaining long-standing customer relationships.
Debt financing for the transaction was provided by O2 Sponsor Finance, a division of Old Second National Bank, along with Brookside Capital Partners. Mirus Capital Advisors acted as financial advisor to Boston Green.
Fort Point Capital, a Boston-based private equity firm, focuses on partnering with founder- and family-owned businesses in fragmented service sectors, helping them scale through operational improvements and strategic acquisitions.
KEY QUOTES:
“We are excited to partner with Boston Green’s Chief Executive Officer, Adam Dennison, and the rest of the management team to support the Company’s growth. Boston Green has built a reputation as the go-to-provider for mission-critical environmental services in New England, earning its clients’ trust with best-in-class responsiveness and expertise to solve all of their environmental needs.”
Christina Pai, Partner at Fort Point Capital
“I am thrilled to partner with Fort Point and excited to take Boston Green to the next level. This investment will enable our continued investment in our team, specialized fleet, and geographic presence to better serve our customers. We believe Fort Point’s extensive background supporting founder-led, mission critical field services businesses with geographic and capability expansions is a perfect fit for Boston Green’s ambitions.”
Adam Dennison, Chief Executive Officer of Boston Green
“Over the past several years, Boston Green has experienced tremendous growth, expanding its footprint across New England to support key client partners. Fort Point’s investment in Boston Green continues our firm’s strategy of partnering with founder- and family-owned businesses that we believe can benefit from our operating and buy-and-build expertise.”
Michael Duffy, Principal at Fort Point Capital
