trending Market Intelligence /marketintelligence/en/news-insights/trending/3cMfb4dhHl2y3yabA6POxQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

KPS Capital to buy Harsco's Houston industrial division

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

KPS Capital to buy Harsco's Houston industrial division

Private equity firm KPS Capital Partners LP agreed to acquire Harsco Corp.'s Houston-based industrial unit IKG for $85 million in cash and notes, subject to adjustments after closing.

Harsco is a New York-listed global provider of environmental solutions for industrial waste streams for the rail sector. IKG is the last of the Camp Hill, Pa.-based company's industrial division, after it sold two other units, Harsco Industrial Patterson-Kelley and Air-X-Changers, in 2019.

Harsco will use the net cash proceeds to reduce debt.

RBC Capital Markets LLC is the financial adviser to Harsco, and Squire Patton Boggs is the legal adviser.