BX · News · 20260923N

Urbaser Acquisition

Blackstone Inc. · 2026-09-23 · Importance 71 · Surprise 60 · In source text

Blackstone and EQT completed the acquisition of global environmental infrastructure and waste-management company Urbaser from Platinum Equity. The transaction value was approximately $6.6 billion, equivalent to €5.6 billion. Platinum Equity acquired Urbaser in 2021 and completed a multiyear operational and financial transformation before the sale. Platinum Equity retained Urbaser’s waste-management operations in Argentina, which generated approximately $90 million, or €80 million, of EBITDA in 2025.

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assetspositivecommitted—Blackstone Inc., together with EQT, completed the acquisition of Urbaser for approximately $6.6 billion (€5.6 billion).