Client Description
Founded over a century ago in 1914, Groot is the largest privately-owned solid waste services company in Illinois with total annual revenue of approximately $200 million. Groot serves approximately 300,000 customers primarily in northern Illinois from a network of six collection operations, six transfer stations, and two recycling facilities.
Client Description
Founded in 1988, Red River Waste Solutions (RR Waste) is a leading solid waste management and recycling company specializing in residential and commercial solid waste collection, hauling, and landfill management. The company provides services to residential and commercial customers primarily in the southern U.S., including Kentucky, Tennessee, Mississippi, and Louisiana, as well as Iowa and Texas.
Client Description
Headquartered in Stamford, Connecticut, City Carting is a leading integrated solid waste management and recycling company in the Northeastern U.S. specializing in municipal solid waste and construction and demolition debris (“C&D”) collection, hauling, processing, and recycling; and municipal transfer station management. City Carting’s strong regional presence is anchored by its network of four transfer stations and a high volume single stream material recycling facility in the region, as well the municipal transfer stations it manages.
Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of City Carting Holding Company, Inc. (City Carting) to Tunnel Hill Partners, a portfolio company of American Infrastructure MLP Funds. BGL’s Environmental & Industrial Services team served as the financial advisor to City Carting in the transaction. The specific terms of the transaction were not disclosed.
Headquartered in Stamford, Connecticut, City Carting is a leading integrated solid waste management and recycling company in the Northeastern U.S. specializing in municipal solid waste and construction and demolition debris (“C&D”) collection, hauling, processing, and recycling; and municipal transfer station management. City Carting’s strong regional presence is anchored by its network of four transfer stations and a high volume single stream material recycling facility in the region, as well the municipal transfer stations it manages.
Tunnel Hill Partners (THP) is a full service, non-hazardous solid waste handling company founded in 2008 by the Principals at American Infrastructure MLP Funds (American Infrastructure) as a platform for servicing the waste industry. THP provides a variety of services including recycling, beneficial reuse, transfer and disposal to commercial and industrial customers. Based in Jericho, NY, with assets in Long Island, New York City, New Jersey, Pennsylvania, Massachusetts, and Ohio, THP’s primary focus is on the safe transportation and disposal of various materials, with an emphasis on the efficient and environmentally friendly use of rail transport. American Infrastructure is Master Limited Partnership investment firm focused on companies that generate $10 to $50 million in EBITDA in the infrastructure, natural resources, and real property sectors. For more information, please visit www.tunnelhillpartners.com and www.aimlp.com.
Client Description
Headquartered in Houston, Texas, SouthWaste Services is a leading, vertically-integrated environmental services firm providing non-hazardous liquid waste collection, processing, and disposal services across the Southern U.S. SouthWaste provides grease trap (i.e., brown grease) and commercial septic waste collection, cleaning, and maintenance services for restaurant, grocery store, prison, stadiums, hospital system, and school district clients. The company’s five permitted processing and disposal facilities in Texas and Florida process over 91 million gallons of waste annually.
Client Description
Inland Environmental & Remediation was formed in 1997 as a one-stop waste solutions provider for drilling operators in the Eagle Ford Shale region, with services that include drill cuttings recycling, oil and water-based fluids recovery, saltwater disposal, and truck washing.
The BGL Environmental Services Insider is a periodic research publication addressing capital markets and mergers and acquisitions activity, financial and operating performance of certain publicly-traded companies, and trends within the environmental services industry.
Diversion is gaining traction as corporate sustainability initiatives and regulations advance recycling and zero waste goals. In a roundtable discussion, executives from national and middle market waste companies share insight on market factors driving diversion and the impact of changing waste streams, regulatory change, and technology on the recycling business model.
Client Description
Profile is an innovative global environmental solutions company providing soil, water, and vegetation management solutions used by customers ranging from construction companies to golf and sports complexes to retail lawn and garden centers. The Company is a research and development and thought leader that has developed patented and proprietary erosion and sediment control products, turf establishment products, and complementary solutions designed to minimize soil loss and accelerate seed germination for private and civil construction, energy, mining, landfill, agriculture, horticulture, sports fields, golf courses, and retail lawn and garden applications. With internationally recognized brands and a broad international distribution network, Profile’s products are sold in 75 countries on 6 continents. Profile is based in Buffalo Grove, Illinois, with operations in North Carolina, Tennessee, Mississippi, and California.