Northstar Recycling acquires Sonoco Sustainability Solutions , no terms

Northstar Recycling Company announced the acquisition of Sonoco Sustainability Solutions, another asset-light managed service provider of customized waste diversion programs that operated over the last 17 years as a division of Sonoco. Both Northstar and S3 serve multi-facility manufacturers and distributors across the food, consumer packaged goods, and industrial sectors with a centralized solution to manage and divert industrial waste streams into beneficial reuse applications. Northstar is a portfolio company of Ridgemont Equity Partners, a middle market private equity firm. Financial terms of the transaction were not disclosed