SEATTLE (Recycling Monster): Leading integrated solid waste services company, Meridian Waste Acquisitions, LLC, announced the acquisition of stock of Evergreen Environmental Partners Holdings, LLC (EEP) & ADSI Holdings, LLC (ADSI) effective September 1, 2024. The acquisition of the above entities has resulted in the expansion of the company’s operational footprints in the Southeast region.
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The transaction will add an MSW landfill, a transfer station facility, and additional third-party transfer station operations as well as hauling, administrative, and maintenance facilities to its fold. Specifically, Meridian will gain access to over 50 municipal contracts and commercial and industrial accounts serviced throughout Alabama and Mississippi.
This is the thirteenth acquisition by the company since April 2018, when it transitioned to private stock under the ownership of Warren Equity Partners (WEP).
The corporation and its shareholders are anticipated to reap substantial financial and strategic advantages from the transaction.
Commenting on the acquisition, Walter “Wally” Hall, CEO, of Meridian Waste noted that the company is in full growth mode. The company looks forward to integrating these assets into its Southeast footprint. Moreover, it will help Meridian Waste to have a major part of the Alabama and Mississippi solid waste services industry, he added.