Harris Williams Advises United Site Services on Strategic Investment to Support Continued Growth

January 14, 2022

Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised United Site Services (USS), a portfolio company of Platinum Equity, on a strategic investment by a Platinum Equity continuation fund vehicle that will support the company's continued growth. USS is the leading provider of portable sanitation and related site services in the United States. The transaction was led by Bob Baltimore, Taylor Morris, and Phil Ashkenaz of the Harris Williams Business Services Group and Tim Webb, Mike Hogan, and Ty Denoncourt of the firm’s Industrials Group.

“It was a pleasure working with Asterios Satrazemis, CEO of USS, and the rest of his team throughout this transaction,” said Bob Baltimore, a managing director at Harris Williams. “Through a distinct focus on customer service and professionalism, significant investments in sales and technology, and continued execution of its robust M&A platform, USS has established itself as a clear leader in its market with a tremendous growth profile.”

“Platinum Equity has been a fantastic partner to USS, helping to build the company into a leading provider of essential site services,” said Tim Webb, a managing director at Harris Williams. “We look forward to following their continued success as they enter this next phase of growth.”

Based in Westborough, Massachusetts, and with more than 120 locations coast-to-coast, USS is the nation's leading provider of portable sanitation and temporary site services, including portable restrooms and trailers, hand hygiene stations, temporary fence, roll off dumpsters and more.

Harris Williams, an investment bank specializing in M&A advisory services, advocates for sellers and buyers of companies worldwide through critical milestones and provides thoughtful advice during the lives of their businesses. By collaborating as one firm across Industry Groups and geographies, the firm helps its clients achieve outcomes that support their objectives and strategically create value. Harris Williams is committed to execution excellence and to building enduring, valued relationships that are based on mutual trust. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).

The Harris Williams Business Services Group has experience advising companies that provide a range of commercial, industrial and professional services. For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams website.

The Harris Williams Industrials Group has experience across a variety of sectors, including advanced manufacturing; building products; chemicals and specialty materials; industrial technology; and packaging. For more information on the firm’s Industrials Group and other recent transactions, visit the Industrials Group’s section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.