AUSTIN, Texas – Tiger Global announced today that it has completed the sale of one of its portfolio companies, R360 Environmental Solutions, to Waste Connections, Inc. (NYSE: WCN).

R360, headquartered in Houston, Texas, is a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken, and Eagle Ford Basins. R360 operates 26 facilities across Louisiana, New Mexico, North Dakota, Oklahoma, Texas, and Wyoming.

Tiger Global has had a longstanding commitment to the oilfield waste treatment sector. The firm previously owned Controlled Recovery, Inc. (CRI), which was acquired by R360 in 2010. Peter Huff, Co-Founder and Managing Member of Tiger Global , served on the R360 Board of Directors and helped steer R360, utilizing his significant experience from CRI. Peter said, “We have been active owners in this market since 2006. Our businesses have steadily grown during this time. This transaction will deliver exceptional returns to our investors.”

Tiger Global does not disclose its returns; however, publicly available information puts the sale price at more than $1.3 billion. Tiger Global typically invests approximately $10 million in each portfolio company.

This transaction marks Tiger Global ’s second exit in the last three months. Tiger Global also sold Ashbrook-Simon Hartley, a leading wastewater equipment company.

Tiger Global and other stakeholders were advised by Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, Citibank, and Wells Fargo during the sale process.

Please contact Peter Huff at (512) 536-1901 for any requests for comments or questions.

About Tiger Global

Tiger Global is an Austin, Texas-based private equity firm specializing in growth, recapitalization and buyout financings of smaller middle market companies based in Texas and the Southwest. Most of Tiger Global ’s investments are in established, profitable companies with $5 million to $100 million of revenue and $2 million to $8 million of cash flow at the time of investment. Tiger Global invests in a variety of industries, with each initial investment typically ranging from $10 million to $15 million.

For more information regarding Tiger Global , please visit www.bluesage.com.