Actis anchors green push via 90% stake in 800 Super
The Singapore-based firm provides waste management and public cleaning.
Growth market investor Actis has acquired a 90% stake in Singapore-based integrated environmental management firm 800 Super.
The deal was executed alongside Founder and CEO William Lee and represents a further investment from Actis’ Long Life Infrastructure Fund 2, bringing the fund to approximately 70% deployed.
800 Super provides waste management, treatment, public cleaning, and recycling services to both public and private sectors.
A majority of its revenue comes from multi-year contracts with the government, which holds an ‘AAA’ sovereign credit rating.
The completion of the deal brings Actis’ total deployment in Southeast Asia to $2.2b (US$1.7b) since inception
$1 = US$0.78