I Squared Said to Near $1.5 Billion Deal for ECP’s Liberty Tire

Energy Capital Partners, part of Bridgepoint Group Plc, is selling North American recycling platform Liberty Tire Recycling to infrastructure firm I Squared Capital for $1.5 billion, including debt, according to people familiar with the matter.

A deal could be announced as soon as Tuesday, the people said, asking not to be identified discussing confidential information.

Some details including the timing could still change, the people added. Representatives for ECP and I Squared declined to comment.

Working through a network of more than 50 facilities, Liberty Tire, which was acquired by ECP in 2021, collects and processes over ...