REPUBLIC SERVICES, INC. acquired RE Community Holdings II, Inc. (ReCommunity) for $168.0 million, net of cash acquired, plus $6.0 million of certain capital leases, a transaction completed in October 2017, structured as all cash.
RE Community Holdings II, Inc. (ReCommunity) operates in Recycling processing, is based in United States (26 recycling centers in 14 states). Republic acquired all of the issued and outstanding shares of RE Community Holdings II, Inc. (ReCommunity) in the fourth quarter of 2017. Prior to the acquisition, ReCommunity was the largest independent recycling-processing company in the United States, with 26 recycling centers in 14 states, operating primarily in locations where Republic maintains a leading market presence.
ReCommunity's recycling centers were concentrated in markets where Republic already held a leading market presence, supporting Republic's recycling and resource-recovery strategy.
In the fourth quarter of 2017, we acquired all of the issued and outstanding shares of RE Community Holdings II, Inc. ("ReCommunity") for $168.0 million, net of cash acquired, plus $6.0 million of certain capital leases. Prior to the acquisition, ReCommunity was the largest independent recycling-processing company in the United States, with 26 recycling centers in 14 states, operating primarily in locations where Republic maintains a leading market presence.Republic Services FY2017 10-K, Business Acquisitions note
Advisory firms were not disclosed for this transaction.