- Little Hoppers, a Sturgeon Bay, WI-based waste hauler, recently was bought by Ponte Verde, FL-based Advanced Disposal.
- Advanced Disposal, an integrated environmental services company, bought three other waste hauling companies within the last year. Also this month the company announced that Alan Lovett as chief audit executive/vice president.
- The firm hopes to achieve $30 million to $50 million in growth this year, through municipal contracts and by acquiring other firms.
An increasingly competitive market nationwide has resulted in many waste haulers and recyclers going out of business due to lack of profitability. Advanced Disposal also has had losses, including a net loss of $17.1 million suffered in 2014 by ADS Waste Holdings, Advanced Disposal’s operating firm. The firm’s acquisition should stabilize its position.