BOISE, ID--(Marketwired - Jun 18, 2014) - US Ecology, Inc. (NASDAQ: ECOL) ("the Company") today announced the completion of its previously announced acquisition of EQ - The Environmental Quality Company ("EQ"), for $465 million. The combination of US Ecology and EQ creates a leading North American environmental and industrial services provider.

 

The acquisition was funded with cash on hand and borrowings under a new $540 million credit facility made up of $415 million in 7-year term debt and a $125 million 5-year revolving line of credit.