Stoel Rives Boise Attorneys Advise US Ecology on $465 Million Acquisition

Press Release

BOISE- Stoel Rives LLP, a full-service U.S. business law firm, is pleased to announced its role as legal advisor to US Ecology, Inc. (NASDAQ-GS: ECOL) on its acquisition of EQ - The Environmental Quality Company (“EQ”) for $465 million. Based in Boise, Idaho, US Ecology is a leading North American provider of environmental services to commercial and government entities.

Stoel Rives Boise Corporate Partner Paul M. Boyd advised the company on the acquisition, including the negotiations regarding the purchase agreement, that was announced in April. He was assisted by Boise Partner Krista K. McIntyre on environmental review and Portland Partner Gregory H. Macpherson on employee benefit plan matters.

“We are very pleased to represent US Ecology and lead the company through this acquisition that will allow the company to strategically expand its operations throughout North America,” said Boyd.

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

“The acquisition of EQ aligns perfectly with our strategy of leveraging high quality treatment, disposal and recycling assets and complementary service businesses to drive growth,” commented Jeff Feeler, US Ecology President and CEO, in a press release issued by the company. “EQ broadens our geographic footprint by adding a fifth hazardous waste landfill and a network of 18 treatment facilities serving the eastern half of the United States including many of the country’s key industrial centers. It further enhances our competitive position by adding a well-established field and industrial services business, allowing us to penetrate a much broader portion of the overall environmental market than in the past. With a solid stream of recurring revenue and national customer base, the combined company offers cross-selling opportunities and operational efficiencies that we believe will deliver compelling value to both our customers and our stockholders for years to come.”

Boyd and the Stoel Rives Boise Corporate practice group have consistently received the highest honors from Chambers and Partners, a leading provider of client-focused research on the legal profession. In the publication’s 2014 directory, the firm’s Boise Corporate practice is recognized for its “M&A, corporate compliance and emerging company work” and for “its skillful handling of a range of legal issues.”

About Stoel Rives LLP: Stoel Rives is a business law firm providing corporate and litigation services to a wide range of clients throughout the United States. The firm has nearly 400 attorneys operating out of 12 offices in seven states and the District of Columbia. Stoel Rives is a leader in corporate, energy, environmental, intellectual property, labor and employment, land use and construction, litigation, natural resources, project development and real estate law. For more information, visit

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