Clairvest sells Star Waste Systems stake to Casella Waste Systems for USD 38 million proceeds

Casella Waste Systems, Inc. Class A +0.24%

Casella Waste Systems, Inc. Class A

CWST

86.98

+0.24%

  • Clairvest, alongside Clairvest Equity Partners VI and other Star Waste equity holders, sold Star Waste to Casella Waste Systems.
  • Star Waste provides solid waste collection, processing, recycling services in Greater Boston.
  • Clairvest invested in Star Waste in July 2022 to support growth under Founder and CEO Patsy Sperduto.
  • CVG received about US$ 38 million in sale proceeds at closing.
  • Sale lifted CVG book value by about $2.00 per share versus carrying value as of Dec. 31, 2025.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clairvest Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604011800PRIMZONEFULLFEED9683020) on April 01, 2026, and is solely responsible for the information contained therein.

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