The City Bin Co. has received an equity investment from Carlyle Cardinal Ireland
The City Bin Co., a leading provider of waste management services, has received a private equity investment from Carlyle Cardinal Ireland (CCI).
The City Bin Co. was co-founded by Gene Browne in 1997 to bring a customer-centric approach to the waste management industry. Today the company is a provider of waste management services in both Dublin and Galway City, serving in excess of 80,000 customers. The City Bin Co. solely focuses on source segregated waste collection from residential households and commercial businesses. The company’s core strategic focus is customer service and The City Bin Co.’s investment in people and its reputation for service excellence are renowned. The relentless pursuit of customer service excellence has delivered industry-leading customer retention rates and exceptional customer satisfaction as measured by Net Promoter Score (NPS). Approximately 150 people are employed by the company across its operations.
CCI has been an active growth investor in Ireland since 2014. The City Bin Co. is the fund’s eleventh investment and CCI continues to explore other investment opportunities across the Irish market. Current CCI investments include The AA Ireland, Sports Surgery Clinic, Carroll Cuisine, Learning Pool and McCauley Pharmacy Group.
Oaklins’ team in Ireland acted as the exclusive M&A advisor to the existing shareholders in this transaction.
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