Labrie Environmental acquired by Wynnchurch Capital
Wynnchurch Capital, L.P. has acquired Labrie Environmental Group, LLC, the Levis, Quebec-based manufacturer of refuse collection vehicles and related parts. Labrie offers a full suite of side loaders, front loaders and rear loader truck bodies for waste and recycling collection, sold through a network of dealers.
"We are committed to delivering best-in-class refuse collection vehicles and service for our customers and are excited to partner with Wynnchurch as we continue that mission," said Diana Grootonk, CEO of Labrie. "Wynnchurch understands our business and the demanding needs of our customers, and we believe, that through our shared vision, we can take Labrie to new levels."
John Hatherly, Managing Partner at Wynnchurch, said, "Wynnchurch is pleased to make Labrie our first platform investment in Fund V. The business fits our investment philosophy of acquiring well-managed market leaders with significant growth potential."
Greg Gleason, Partner at Wynnchurch, said, "Labrie has a well-earned reputation in the waste management industry for its high-quality products, strong engineering expertise and service. We are excited to partner with management to focus on its next stage of growth."
Founded in 1971, Labrie Environmental Group, LLC is a manufacturer of refuse collection vehicles across North America, marketing a full suite of products under three brands: Labrie (side loaders), Wittke (front loaders) and Leach (rear loaders) brands. Labrie operates manufacturing facilities located in Quebec, Georgia, and Mexico.