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Waste Services Group narrows to two-horse race; final bids loom

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It’s The Carlyle Group versus Pacific Equity Partners in the battle for billion-dollar waste advisory and collections business Waste Services Group.

Street Talk understands London-based mid-market private equity group Livingbridge is edging closer towards signing a deal after collecting so-called “round 2A” reconfirmed non-binding offers in the UBS-run auction in late October.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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