Money Makers Mentor

United Site Services is for Sale

United Site Services Inc is up for sale for $4 billion. This is due to the portable toilets vendor seeing a COVID-19 pandemic boost in sales of its hand washing stations. Platinum Equity LLC, which owns United Sites Services, hired investment bankers to advise them on the sales process. Four years ago, United Site Services had a valuation of $1.15 billion when Platinum Equity acquired it, according to Moody’s Investors Services Inc.

For obvious reasons, sales of hand washing stations have dramatically increased during this pandemic. With the current trends, the industry can see $1.5 billion in growth by 2027. The industry saw $919.4 million in growth in 2019. Private equity firm Calera Capital sold United Site Services to Platinum Equity in August 2017. On top of portable toilets a…

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