Growth-Focused Leader Will Drive Company’s Expansion Strategy Across a Growing Nationwide Customer Base
MONROE, Ohio, March 7, 2020 – Valicor Environmental Services (“Valicor”), one of North America’s largest providers of non-hazardous wastewater treatment services, today announced the appointment of Gregg Kaplan as the company’s Chief Executive Officer. Mr. Kaplan brings to Valicor more than 20 years of industry experience and will be responsible for leading the company’s acquisition strategy and execution of its long-term growth plan.
“I am honored and excited to join the talented team at Valicor,” said Gregg Kaplan, Chief Executive Officer of Valicor. “As a leader in non-hazardous wastewater treatment, Valicor is well-positioned to continue its expansion into new geographies and to identify new technologies and partnerships to better serve our customers. I am thrilled to lead this team into its next phase of growth and am ready to hit the ground running.”
Mr. Kaplan brings to Valicor more than two decades of experience growing and strengthening the performance of companies in the Services sector. He joins the company from Pritzker Private Capital (“PPC”), a leader in family direct investing, where he served as Operating Partner for the Services Team and worked closely with Valicor’s management. Prior to his tenure with PPC, Mr. Kaplan was the founder and CEO of Redbox, the automated DVD rental kiosk company. Under Mr. Kaplan’s leadership, Redbox grew to nearly $2 billion in revenue over eleven years and became the leading DVD rental company in the United States. During that time, Redbox was acquired by Coinstar, Inc., a public company, and Mr. Kaplan became President and COO of Coinstar Inc., overseeing both Redbox and the Coinstar flagship line of business. Earlier in his career, Mr. Kaplan worked in strategy and business development at McDonald’s Corp., and was an early employee and leader at several startups. Mr. Kaplan graduated from the University of Michigan with a B.A. and from Harvard University with an M.B.A.
Valicor is owned by Pritzker Private Capital, which partnered with management in July 2019. Valicor’s strategy focuses on both developing greenfield centralized wastewater treatment (“CWT”) facilities and acquiring operators of CWT facilities as well as other providers of waste management and environmental services, including materials recycling, used oil processing, product destruction, landfill solidification, and related services. Valicor has a strong presence across the Midwest, and with its February 2020 acquisition of Affiliated Wastewater Environmental Services, the company has is expanding its presence throughout the Western United States.
About Valicor Environmental Services
Based in Monroe, Ohio, Valicor is one of the largest providers of non-hazardous wastewater treatment services in North America. Leveraging its extensive fleet of tankers and a network of strategically located centralized wastewater treatment facilities, the company transports and processes diverse wastewater streams that result from the manufacture of industrial and consumer goods. Valicor’s mission-critical services allow customers to meet federal, state, and local regulations by safely and responsibly disposing of oily water, leachate, soaps, line flush waste, and similar waste streams. The company also provides a diverse set of landfill solidification and product destruction services. Valicor is an ISO 14001 certified organization and takes great pride in its environmental compliance process.
Additional information about Valicor is available at www.valicor.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. The firm’s differentiated, longduration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies.
Additional information about Pritzker Private Capital is available at www.ppcpartners.com.