Context

SER Capital Partners acquired 100% of the outstanding shares of Charah Solutions, transitioning the company from a public listing to private ownership. The strategic rationale for the acquisition lies in aligning Charah’s essential environmental remediation services with SER’s specialized focus on sustainable industrial infrastructure. By taking the company private, SER aims to provide the necessary long-term capital and operational flexibility to execute complex, multi-year remediation projects for utility customers without the volatility of public markets. The transaction allows Charah to leverage SER’s deep expertise in renewable energy and environmental regulation to expand its footprint in the ash pond closure and site redevelopment sectors. This partnership is designed to strengthen Charah's position as a preferred sustainability partner for utilities facing increasing regulatory pressure to decommission legacy coal infrastructure and restore industrial sites for future green energy use.

Target

Founded in 1987, Charah Solutions is a specialized provider of mission-critical environmental services and byproduct recycling specifically tailored for the power generation industry. The company’s business model revolves around the sustainable management of coal combustion residuals (CCR), assisting utilities and independent power producers with the recycling of ash byproducts. Its value proposition includes technical expertise in ash pond management and closure, landfill construction, structural fill projects, and full-scale power plant remediation and site redevelopment. By integrating specialized engineering with regulatory compliance, the firm enables energy producers to meet stringent environmental standards while repurposing industrial waste into useful materials for the construction industry. As a key player in the transition toward cleaner energy infrastructure, the organization focuses on reducing greenhouse gas emissions through circular economy practices and complex site restoration.