RES will receive new investment from Onex Partners and


A significant investment to fuel the next phase of growth as RES reach national scale, Targets infrastructure growth and resilience factors

All amounts in US dollars unless otherwise stated

TORONTO and HOUSTON, 07 Feb. 28, 2022 (GLOBE NEWSWIRE) — Resource Environmental Solutions, LLC (“RES” or “the Company”), the nation’s largest environmental restoration company, today announced that Onex Partners V, Onex Corporation’s (“Onex ” (TSX:ONEX) $7.2 billion, agreed to make a significant investment in RES, with funds affiliated with the company’s existing investor, KKR. This investment, made in partnership with management, supports the continued growth and development of RES.

RES’ mission is to restore a resilient earth for a modern world, project by project. The company supports the public and private sectors with solutions for environmental mitigation, stormwater, water quality, and climate and flood resilience. RES offers sustainable ecological improvement at its sites, based on scientific design, comprehensive delivery, long-term management and guaranteed performance.

“We couldn’t be more excited to have these two companies supporting us,” said Darrell Whitley, President and CEO of RES. “In our first 14 years, we have proven that ecological restoration can be trusted to improve and preserve the environment in balance with human progress. Today, RES is the environmental employer of choice. With the support of Onex Partners and KKR, we will continue to invest in talent and capabilities, and expand into new markets and new communities. Our access to additional investment capital will also help us pursue product line expansion in coastal resilience, large-scale water quality projects, new mitigation banks and carbon solutions.” , continued Whitley.

Amir Motamedi, Managing Director of Onex Partners, said, “RES is the nation’s leading provider of nature-based solutions and green infrastructure thanks to the contributions of every member of the company’s team. With its strong culture and dynamic spirit, we are confident that RES will continue its growth trajectory both organically and through acquisitions. We are thrilled to be partnering with Darrell, the entire RES team and KKR during this next chapter.

Robert Antablin and Ken Mehlman, co-heads of KKR Global Impact, added: “We are delighted to continue our relationship with RES and to support them, alongside Onex Partners, in their mission to help communities manage the impacts of climate change. While we’ve made great strides since KKR’s initial investment to help establish RES as an industry leader while growing the company’s operations, capabilities and team, we look forward to even more growth to come.

Elliott Bouillion, Founder and Executive Chairman, concluded, “I am thrilled to see RES continue its journey and mission to restore a resilient earth for our modern world. I believe Onex Partners and KKR will be great partners and dedicated stewards of our business during the next phase of ownership. I look forward to working closely with Onex Partners, KKR, Darrell and the rest of the RES leadership team as we aim to take RES to the next level and drive even more growth and transformation in the years to come.

The transaction is expected to close in the first quarter subject to customary conditions and regulatory approvals. Financial details of the transaction are not disclosed at this time.

About SER
RES (Resource Environmental Solutions) restores a resilient earth for a modern world, project by project. As the nation’s largest ecological restoration company, RES provides solutions for environmental mitigation, stormwater and water quality, and climate and flood resilience with a focus on complete delivery, long-term management and guaranteed performance. RES designs, builds and maintains sites that preserve environmental balance, restoring our lands and waters to improve the lives of future generations.

For more information, visit

About Onex
Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients worldwide. Onex’s platforms include: Onex Partners, private equity funds focused on mid- and large-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on the middle market and smaller opportunities in North America; Onex Credit, which primarily manages lower quality debt through tradable, private and opportunistic credit strategies, as well as actively managed public equity funds and public credit funds; and Gluskin Sheff’s wealth management services. In total, as of September 30, 2021, Onex has approximately $47 billion in assets under management, of which approximately $7.9 billion is its own investment capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors in Onex’s platforms.

Onex shares trade on the Toronto Stock Exchange under the ticker symbol ONEX. For more information about Onex, visit its website at Onex’s security documents are also available at

About KKR
KKR is a leading global investment firm providing alternative asset management solutions as well as capital markets and insurance solutions. KKR aims to generate attractive returns on investment by following a patient and disciplined investment approach, employing world-class people and supporting the growth of its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer pension, life insurance and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For more information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at and on Twitter @KKR_Co.


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