Kinderhook Industries LLC bought RJG Enterprises Inc., doing business as Chemtron Corp., from fellow private equity firm CapitalWorks LLC for an undisclosed amount.
Chemtron is an Avon, Ohio-headquartered provider of hazardous and non-hazardous waste management services.
As part of the deal, Kinderhook operating partners Brandon Velek and Ken Wunderlich will join Chemtron's board.
Kinderhook seeks investments in middle-market companies in the healthcare services, environmental, business services, automotive and light manufacturing sectors.
Comerica Bank provided financing for the transaction. Kirkland & Ellis LLP was legal adviser to Kinderhook, while Benesch Friedlander Coplan & Aronoff LLP was legal counsel to CapitalWorks and Brown Gibbons Lang & Co. was financial adviser to Chemtron.