INVL Private Equity expands into Estonia with 75% acquisition of EKT

INVL Private Equity Fund II has completed the acquisition of a 75% stake in Eesti Keskkonnateenused (EKT), Estonia’s largest waste management and environmental services group.

EKT’s management team will retain a 25% stake in the company. The acquisition expands INVL’s presence in the circular economy sector and builds on its earlier investment in Eco Baltia, which it developed into the Baltics’ largest recycling and resource management group.

“With this transaction, we are backing a strong Estonian market leader with consisten…