Interstate Waste Services completes merger combining Action Environmental Group and Apex Environmental
Interstate Waste Services Inc. (IWS), Teaneck, New Jersey, and Littlejohn & Co. LLC, a private investment firm based in Greenwich, Connecticut, announced the merger of The Action Environmental Group Inc. and Apex Environmental Resources Holdings II LLC Jan. 22. The combined company will operate under the Interstate Waste Services brand. Littlejohn led the equity financing to facilitate the transaction.
IWS is the largest privately held, vertically integrated provider of solid waste collection, transfer, recycling and disposal services serving the greater New York City and northern New Jersey markets. IWS operates nearly 400 collection vehicles throughout the five boroughs of New York City; northern and central New Jersey; and Orange and Rockland County, New York. The company also operates a network of 22 transfer and transload facilities and a rail-served solid waste landfill in Amsterdam, Ohio.
“This transaction creates a tremendous platform for continued growth and will enable us to offer greater scale and services for our customers,” Michael DiBella, founder and CEO of IWS, says. “IWS’ expansion and developments over the past 20 years have been driven by our hardworking employees and the support of our key financial partners and business stakeholders. We welcome Apex management into the IWS family and are grateful for the support and partnership of Littlejohn, who shares our vision.”
Waste Connections acquires Penn Waste
Penn Waste, a York, Pennsylvania-based provider of residential and commercial waste collection and recycling services, announced via a Jan. 18 release that the company was acquired by Ontario-based Waste Connections effective Dec. 17, 2019.
Scott Wagner founded Penn Waste in 2000. The company serves the Pennsylvania counties of York, Lancaster, Adams, Dauphin, Cumberland and Perry.
“Under Scott Wagner’s leadership, he built this company from the ground up, instilling in us the importance of providing the highest level of customer service to our customers while also supporting the local community. Although we are under new ownership, we look forward to providing the same superior level of service while continuing to be a locally managed and locally operated company,” Ed Ward, district manager for Penn Waste, says in the news release.
WCA acquires Central Arkansas Recycling and Disposal Services
WCA Waste Corporation, a Houston-based vertically integrated non-hazardous solid waste services company, announced Jan. 14 its expansion in the state of Arkansas with the acquisition of the Little Rock division of Central Arkansas Recycling and Disposal Services LLC (CARDS), which is based in Little Rock, Arkansas.
Through the acquisition, WCA announced it is growing its footprint by 11 employees and approximately 200 customers in the Little Rock market. CARDS currently provides roll-off and C&D disposal services to customers in Little Rock and surrounding areas.
“We are truly excited for this opportunity to grow in the Little Rock, Arkansas, market and to continue CARDS’ legacy of providing superior service to our customers,” David Bahrenburg, district manager at WCA, says.
Explore the March April 2020 Issue
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