Asset Manager

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Heritage-Crystal Clean

Heritage-Crystal Clean is a asset manager based in Elgin; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts...

Heritage-Crystal Clean

Crystal Clean offers environmental services such as parts cleaning and oil recycling. Learn more about our full range of capabilities online today!

General information

Firm type

Asset Manager

Location

Region

North America

Country

United States

City

Elgin

Corporate office

Elgin, IL, United States

Sector focus

Environmental ServicesWaste ManagementIndustrial Cleaning

Frequently asked questions

Who owns Heritage-Crystal Clean after the October 2024 transaction?

J.F. Lehman & Company, a private-equity firm focused on the aerospace, defense, maritime, and environmental sectors, acquired Heritage-Crystal Clean in an all-cash deal valued at roughly $1.2 billion. The transaction took the company private, delisting it from Nasdaq.

What makes the 4never PFAS remediation system different from conventional disposal?

4never is a closed-loop process that separates, concentrates, transports, and then destroys PFAS compounds instead of sending them to a landfill for long-term storage. Crystal Clean acts as the exclusive distributor and field operator of the technology, offering landfill operators and industrial customers a compliance pathway that sidesteps the liability of perpetual landfilling.

How does Heritage-Crystal Clean make money on used oil?

The firm collects used oil from industrial and automotive customers across its US branch network, then re-refines it into base oil and other products at its company-owned re-refineries. This turns a waste-liability stream into a saleable commodity, capturing value that would otherwise go to third-party processors or disposal sites.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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