Chicago, IL/Cleveland, OH – July 15, 2019 – Brown Gibbons Lang & Company (BGL) is pleased to announce that its client, Pete & Pete Container Services, Inc. (Pete & Pete), has acquired Boyas Excavating, Inc. (Boyas), the largest privately held construction and demolition debris (C&D) landfill in Northeast Ohio. BGL’s Environmental & Industrial Services team served as the exclusive financial advisor to Pete & Pete for the acquisition and financing. Financing for the transaction was provided by Comerica Bank, Huntington Bank, and Ironwood Capital. Specific terms of the transaction were not disclosed.
Founded in 1997 and headquartered in Garfield Heights, Ohio, Pete & Pete offers a comprehensive suite of solid waste management services, including roll-off and front-load container collection, hauling, and recycling services to the residential, commercial, and industrial markets. The highly synergistic combination of Pete & Pete, the largest independent C&D collection and hauling services provider in the region, and Boyas, creates the leading vertically integrated C&D dedicated platform serving Northeast Ohio. To learn more about Pete & Pete, please visit: www.peteandpeteinc.com.