Keter Environmental Services, Inc.
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Keter Environmental Services, Inc. - overview
Established
2011
Location
Indianapolis, IN, US
Primary Industry
Power & Utilities
About
Keter Environmental Services is a US-based company specializing in advanced data-driven recycling and waste management solutions to help organizations meet their environmental and sustainability goals. Founded in 2011, Keter Environmental Services provides tailored waste management solutions. The company is headquartered in Indianapolis, US, and has engaged in two notable deals, with the most recent occurring on June 8, 2023. Steven Schlussel, the founder, has led the company through strategic developments to enhance its service offerings.
Keter Environmental Services specializes in data-driven recycling and waste management solutions aimed at helping businesses achieve their environmental, social, and governance (ESG) and sustainability goals. Utilizing advanced technology, including artificial intelligence (AI) and Internet of Things (IoT) devices, the company analyzes waste streams to develop tailored recycling programs. Their services cater to various industries such as manufacturing, healthcare, commercial real estate, government, and construction. Keter's offerings are deployed in North America and Europe, ensuring compliance with regional regulations through local expertise.
The proprietary eTrac application centralizes clients' recycling operations, providing actionable insights for sustainability reporting in near real-time. Keter Environmental Services generates revenue through a structured transaction model that includes subscription-based services and partnerships with various organizations. Clients engage the company for ongoing waste management solutions tailored to their needs, benefiting from expert assessments, equipment provision, and customized waste programs. Revenue is supported by service fees for waste management solutions and subscription fees for access to the eTrac application, facilitating reporting and operational efficiency.
In June 2023, Keter Environmental Services, Inc. agreed to merge with Waste Harmonics, LLC, which will enhance their combined capabilities in expanding their product portfolio and market presence. The company plans to leverage this merger to introduce new products and services in the coming months, targeting expanded operations in North America and Europe. Recent funding will facilitate the development of these initiatives, positioned to optimize and enhance their market offerings.
Current Investors
TPG, Keter Environmental Services/Waste Harmonics
Primary Industry
Power & Utilities
Sub Industries
Waste Management, Recycling, Analytics & Performance Software
Website
www.keteres.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Keter Environmental Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Keter Environmental Services, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Waste Harmonics, LLC | - | ||||||||
| Add-on | Completed | Link International Inc. | - | ||||||||
| Add-on | Completed | MPS Holdco, LLC | - | ||||||||
| Recapitalisation | Completed | Keter Environmental Services, Inc. | - |
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