New York-based private investment firm SK Capital Partners said recently its affiliates completed acquisition of Milestone Environmental Services, a leading environmental services, waste management and carbon management company with operations in Permian Basin, from Amberjack Capital Partners. SK Capital acquired a controlling stake in Houston-based Milestone in partnership with Gabriel Rio, president, CEO and founder.
Jack Norris, managing director of SK Capital, said Oct. 4 of Milestone, “It is well-positioned to further grow its core business in difficult-to-abate industries as environmental regulations become more stringent and Milestone’s customers are increasingly focused on meeting ambitious decarbonization targets. We are excited to partner with management to capture this growth opportunity.”