Waste Eliminator Expands Operations with FC Sanitation Deal
Waste Eliminator Acquires FC Sanitation
In a significant move to enhance its operations and sustainability initiatives, Waste Eliminator, a noted leader in waste management solutions, has successfully completed the acquisition of FC Sanitation, a prominent firm in municipal solid waste collection and demolition waste hauling. This acquisition focuses on expanding Waste Eliminator’s market presence particularly in Georgia and adjacent regions.
Strengthening the Market Position
The incorporation of FC Sanitation is a strategic effort to deepen Waste Eliminator’s foothold within the solid waste collection space. Through this acquisition, they aim to not only grow their capacity for waste collection but also enhance their service offerings in critical sectors of municipal and commercial waste management.
CEO Perspectives
Kacy Cronan, CEO of Waste Eliminator, expressed positive sentiment about the acquisition stating that, "FCS will significantly bolster our commercial hauling business and further expand our diversified service offering and market-leading waste collection business. We are excited to welcome CEO Scott Elmer and the entire talented FCS team, and we look forward to growing the company together." This sentiment highlights the optimism surrounding the collaboration and its anticipated impacts.
Backing by Allied Industrial Partners
Waste Eliminator is backed by Allied Industrial Partners, an operationally focused private equity firm that provides substantial support through its investment strategies. The acquisition of FC Sanitation marks an important milestone as it constitutes the seventh acquisition effort by Waste Eliminator since its partnership with Allied in 2021.
Continued Expansion Trends
Both Bradford Rossi and Philip Wright, Co-Founders and Managing Partners at Allied, noted, "FCS marks Waste Eliminator's second acquisition this month, indicating our positive outlook on the company’s growth opportunities across the Southeast. Allied remains an enthusiastic partner with Waste Eliminator as it continues to build its operations." This statement underlines a shared commitment to active growth and sustainability in waste management.
About Waste Eliminator
Waste Eliminator stands out as a premier provider of comprehensive waste services. It offers waste collection, removal, recycling, and landfill services tailored for industrial and large commercial clients across metro areas. With advanced recycling technologies and a powerful fleet, Waste Eliminator is equipped to tackle the complexities of waste management effectively.
About Allied Industrial Partners
Founded in 2019, Allied Industrial Partners LLC is a dynamic private equity firm focused on lower-middle market investments. It has successfully amassed over $1 billion in assets under its management while predominantly investing in high-growth industrial subsectors, including environmental services. Allied seeks to create strategic partnerships with expert management teams to employ active involvement and drive operational enhancements.
Frequently Asked Questions
What was the purpose of Waste Eliminator's acquisition of FC Sanitation?
The acquisition aims to expand Waste Eliminator’s market presence in municipal solid waste collection and strengthen its service capabilities.
Who commented on the acquisition from Waste Eliminator?
Kacy Cronan, the CEO of Waste Eliminator, highlighted the acquisition as a significant boost to their business operations.
How many acquisitions has Waste Eliminator made since partnering with Allied?
FC Sanitation marks the seventh acquisition by Waste Eliminator since it entered into a partnership with Allied Industrial Partners in 2021.
Who are the founders of Allied Industrial Partners?
Bradford Rossi and Philip Wright are the Co-Founders and Managing Partners at Allied Industrial Partners.
What services does Waste Eliminator provide?
Waste Eliminator provides comprehensive waste collection, storage, removal, recycling, and landfill services tailored for industrial and large commercial sectors.
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