Liquid Environmental Solutions, a portfolio company of Goldman Sachs Alternatives, has acquired New Orleans Grease Trap Cleaning to expand its network of non-hazardous wastewater collection facilities. The New Orleans-based provider specializes in grease trap and used cooking oil cleaning services, which will now be integrated into LES's existing operations.

The acquisition strengthens Liquid Environmental Solutions' position in the environmental services sector, where it already manages a substantial network with 1,000 employees and 650 fleet vehicles. Goldman Sachs Alternatives, the private asset manager behind the deal, oversees more than $625 billion in global assets under management, providing significant financial backing for strategic growth initiatives.

This expansion in the Gulf Coast region demonstrates LES's commitment to consolidating market share in the non-hazardous waste management industry. By adding New Orleans Grease Trap Cleaning to its portfolio, Liquid Environmental Solutions enhances its regional footprint and service capabilities in a key metropolitan area.