Lafayette Square, a national investment platform, provided debt financing to support the acquisition of DenBeste Water Solutions by Ironclad Environmental Solutions, a provider of specialty asset rental solutions for the containment and hauling of liquid and solid waste, and a portfolio company of Kinderhook Industries.
“We are delighted to support Ironclad, a best-in-class provider of waste containment solutions,” Ryan Ochs, head of underwriting and origination at Lafayette Square, said. “We look forward not only to continuing to support Ironclad with capital, but also with financial benefits to its dedicated team of employees.”
“We are excited to work with Lafayette Square on the continued growth of Ironclad,” Sam Keenan of Kinderhook Industries said. “The Lafayette team is aligned with our philosophy that partnering with strong management teams like that of Ironclad builds market leaders through targeted growth opportunities.”
“Ironclad is grateful for the support of Lafayette Square as we continue to grow our business, including through the strategic acquisition of DenBeste,” Eric John, CEO of Ironclad Environmental Solutions, said.
