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Gryphon initially invested in the Company in August 2016 and completed seven add-on acquisitions during its ownership. Headquartered in Charlotte, NC, HEPACO is a trusted provider of emergency response and scheduled environmental services. HEPACO's offerings include critical emergency response, field and industrial services, and environmental remediation. The Company's clients stem from a variety of industries, including transportation, utilities, and energy. HEPACO operates out of 40+ service centers throughout the Eastern United States, with approximately 1,000 employees. Alex Earls, Partner and Head of Gryphon's Business Services Group, said, "We have greatly enjoyed partnering with HEPACO management to build a premier company in the environmental and emergency services industry while more than tripling revenue and EBITDA. We are confident that Clean Harbors will be an excellent home for HEPACO, and we believe that Clean Harbors will accelerate HEPACO's ongoing growth initiatives." HEPACO CEO Robb Schreck commented, "Gryphon's value-added support throughout our partnership helped us drive above-market growth and significantly expand our service offerings. HEPACO management looks forward to working with Clean Harbors to continue driving growth and executing on our mission-critical environmental service work." Phil Petrocelli, Gryphon Business Services Operating Partner, added, "Through organic operational initiatives and several highly strategic add-ons, HEPACO has significantly expanded its geographical reach, increased service area density, and diversified its offerings, emerging as a leading environmental service provider in the Eastern United States. We are proud of our accomplishments throughout our partnership with the HEPACO team and wish them much continued success." Piper Sandler Companies and Houlihan Lokey, Inc. served as financial advisors to HEPACO, while Kirkland & Ellis LLP and Moore & Van Allen PLLC acted as legal advisors to the Company. About HEPACO About Gryphon Investors Contact:
SOURCE Gryphon Investors 
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