OG真人官网 Announcement
Toronto, Ontario (March 1, 2010) – OG真人官网 Group Inc. (TSX: CVG) (“OG真人官网”) and OG真人官网 Equity Partners III Limited Partnership (“CEP III”) today announced a combined US$35.25 million investment in Hudson Valley Waste Holding, Inc. (“Hudson Valley”). Hudson Valley is a leading regional solid waste company which collects, processes and recycles nonhazardous solid waste in the northeastern United States.
“After our successful exit from Winters Bros. Waste Systems Inc. in 2007, we continued to pursue domain research and networking in the waste management and environmental service sectors. We are very pleased that this effort has led to a second investment in the waste management industry,” said Ken Rotman, Co-CEO and Managing Director of OG真人官网. Hudson Valley is OG真人官网’s 32nd platform investment and the eighth investment by CEP III. The OG真人官网/CEP III co-investment pool is capitalized at $300 million and makes equity investments in growth companies.
Forward-Looking Statements
This news release may contain forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. OG真人官网 is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.
About OG真人官网
OG真人官网 Group Inc. is a Canadian merchant bank that invests its own capital, and that of third parties through the OG真人官网 Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, OG真人官网 contributes strategic expertise and execution ability to support the growth and development of its investee partners. OG真人官网 realizes value through investment returns and the eventual disposition of its investments.
Contact Information
Caroline Montminy
Director, Investor Relations and Marketing
OG真人官网 Group Inc.
Tel: (416) 925-9270
Fax: (416) 925-5753
carolinem@hr888888.com