White Oak Global Advisors provided a $21.3 million senior credit facility to Omni Recycling, a single-stream recycling and waste disposal company. The transaction supported Salt Creek Capital’s acquisition of the company. Salt Creek is a San Francisco Bay Area-based private equity firm that partners with lower middle-market businesses.
“The team at Omni has served customers in their community for more than 25 years and we are excited to support their next stage of growth with Salt Creek,” Albert Brandano, director of originations at White Oak, said. “The Omni transaction is another great example of White Oak’s commitment to supporting ESG-oriented small and medium sized businesses”.
“Omni is an exciting opportunity for us to enter the recycling space and grow an established platform with a history of strong success,” Bobby Sheth, managing director of Salt Creek Capital, said. “We are excited to partner with the White Oak team to accelerate Omni’s growth trajectory.”
