In honor of Earth Day, the Axial Network looked into the recent trends in the environmental sector. To learn about the space, Axial interviewed John Quirk, Marcum Cronus’ Managing Director who focuses on the environmental sector. In the conversation, John highlighted three industries of note: solid waste, recycling, and hazardous and industrial waste. Each one offers unique opportunities for financial sponsors.
As John explained,
- strong cash flows make the solid waste industry attractive
- the number of family-owned businesses makes the recycling industry ripe for consolidation
- and the high barriers to entry make the hazardous and industrial waste industry appealing