Blackstone Infrastructure and EQT Acquire Urbaser

Paul, Weiss advised funds managed by Blackstone Infrastructure and EQT on their acquisition of Urbaser from Platinum Equity. Headquartered in Spain, Urbaser is a global integrated environmental infrastructure platform specializing in the collection, management and treatment of municipal and industrial waste. Under the terms of the transaction, Blackstone and EQT will each own 50% of and jointly manage the company. Platinum Equity will retain Urbaser’s Argentina-based waste management business.

The Paul, Weiss team was led by corporate partner Paul Foote; intellectual property partner John Patten and counsel Alex Zapalowski; and tax partner Timothy Lowe.