BX · News · 20260922N

Urbaser Acquisition

Blackstone Inc. · 2026-09-22 · Importance 71 · Surprise 60 · In source text

Blackstone and EQT completed the acquisition of Urbaser, a global environmental infrastructure platform, for approximately $6.6 billion (€5.6 billion). Platinum Equity said Urbaser invested €1.6 billion and completed 20 add-on acquisitions during its ownership beginning in 2021. The seller also divested non-core divisions and reported significant revenue and EBITDA growth before the ownership transfer. The transaction positions Urbaser for its next growth phase under Blackstone and EQT.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositivecommitted—Blackstone and EQT acquired Urbaser from Platinum Equity for approximately $6.6 billion (€5.6 billion).