Big Belly Solar Partners with McCarthy Capital to Accelerate Growth
Summary
NEEDHAM, Mass., Dec. 12, 2019 /PRNewswire/ -- Big Belly Solar ("Bigbelly" or the "Company"), the global leader in smart waste solutions for public spaces, announced today that it has partnered with McCarthy Capital Fund VI ("McCarthy Capital") to recapitalize the Company and provide further cash investment to accelerate growth. Bigbelly pioneered the smart waste industry over ten years ago and currently has over 60,000 solar-powered and remotely managed units deployed in cities, parks, universities, airports, and retail outlets in over 50 countries. McCarthy Capital is a natural fit due to their partnership philosophy and our mutual desire to continue to innovate while providing the highest level of customer service in the marketplace," said Brian Philips, President and CEO of Bigbelly. The Bigbelly solution is also delivering the same benefits in many private sector operations such as theme parks, airports, corporate and university campuses," according to BJ Hansen, Vice President at McCarthy Capital. For more than 30 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies.
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