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Merion Announces New Investment in Environmental Services Provider

Merion Investment Partners III, L.P. is pleased to announce a new investment in SRE Environmental Companies (“SRE”), a waste transportation business based in the southwest. Merion provided subordinated debt to provide growth capital to SRE.

SRE is a turnkey non-hazardous waste transportation business that offers loading, hauling, disposal, vactor and waste processing services. For processing, SRE operates five acres of salt and brine water evaporation ponds. The growth capital will be utilized to expand existing waste processing capabilities to ten acres and support the development of new operations in the California market where SRE is seeing increased demand.