Waste Eliminator, a Georgia-based service provider backed by private equity firm Allied Industrial Partners, recently announced two new acquisitions the company says now makes it “the largest independent waste management and environmental services business” in the Atlanta metro area.
One acquired company, Gainesville Waste & Recycling, was founded in 2007 and has grown to offer a range of recycling and composting services. Its assets include a biosolids composting operation, recycling facility and construction debris landfill. According to the company, its C&D operations accept material from northern Georgia and southwest South Carolina, with the potential to handle more than 1,400 tons per day. In a statement, Waste Eliminator CEO Wes Turner called the transaction “a game-changer” for his company because of the added infrastructure and recycling capabilities.
The other acquisition, Dawsonville Waste & Recycling, comes with an inert landfill property outside of Atlanta that handles categories such as organic waste. The company also has transfer capacity for C&D and MSW.
The two transactions follow news in June that AIP previously made an unspecified investment in Waste Eliminator, with plans to spend “more than $150 million in capital to grow the platform.” AIP’s website indicates it originally acquired the Waste Eliminator stake in November. Waste Eliminator, which was founded in 2006, has multiple recycling facilities and a range of hauling operations in the fast-growing Atlanta region.
These deals are the latest of many acquisitions happening in the U.S. waste and recycling industry. Find more details below and on Waste Dive’s M&A tracker page.