Smart Environmental on hunt for growth capital

Waste management is a tricky business. (Image: BusinessDesk)

Tue, 25 Jul 2023

Smart Environmental is seeking more capital to keep growing, having built itself into the country’s third-biggest waste management firm. The Auckland-based company has hired investment bank UBS to help weigh up options, with a main objective of bringing on board a new investor willing to help fund the firm’s capital-intensive growth, chair Simon Moutter said. “Our process is only just kicking off, so it’s too early to reach any conclusions,” Moutter said in a text message. “Waste has favourable inve...

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