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June 18, 2020

Effram Kaplan quoted in, “Pete & Pete talks Boyas Excavating acquisition, company growth,” Waste Today Magazine

Effram Kaplan, Managing Director and Head of BGL’s Business & Industrial Services Vertical and Environmental & Industrial Services Group, is quoted in this article reviewing the 2019 acquisition of Boyas Excavating by Pete & Pete Container Service, Inc.

BGL’s Environmental & Industrial Services Group served as the exclusive financial advisor to Pete & Pete for the acquisition and financing of the Boyas deal.

“[BGL Managing Director] Effram Kaplan and the team at BGL were instrumental in this acquisition,” [Pete & Pete co-owner] Lisa Ristagno says. “We were incredibly lucky to have a company such as theirs right in our backyard. They really gave us a crash course in determining the value of our business as well as the value of the combined entities. In this line of work, you hit a lot of roadblocks when dealing with conventional banking institutions, whereas BGL led us right to the people that could help this acquisition come to fruition.”

For Effram’s insights on the transaction, the municipal solid waste and C&D waste sectors, and what makes Pete & Pete such a unique player in the market, read the complete article on the Waste Today website.