Waste Connections Inc., The Woodlands, Texas, has purchased select noncore hauling assets of Red River Waste Solutions (RR Waste), Dripping Springs, Texas. The specific terms of the transaction have not been disclosed. The Environmental and Industrial Services team of Cleveland-based law firm Brown Gibbons Lang and Co. (BGL) served as financial advisor to RR Waste in the transaction.
Tunnel Hill Partners (THP), a Jericho, New York-based full-service, nonhazardous solid waste handling company, has acquired City Carting Holding Co. headquartered in Stamford, Connecticut. The deal closed June 3, 2016.
“We are extremely excited to have closed this transaction,” says William Gay, Tunnel Hill Partners CEO. “The combination of our two companies makes us one of the largest integrated waste management companies in the Northeast and aligns perfectly with our goal of maximizing shareholder value through focus on long-term growth and stability. It provides us the opportunity to expand our service offerings to a wide customer base in attractive, dense and affluent markets. Scale benefits aside, this transaction will provide us with immediate synergies and other cost saving opportunities. We look forward to revitalizing a previously undercapitalized company through operational and capital guidance and support.
“These are assets run by great people who care deeply about the company, its customers and their communities,” continues Gay. “We are confident this combination is in the best interest of all of our stakeholders, including our employees who will benefit from enhanced growth and development opportunities as part of a larger company. Operational excellence, accountability, high customer satisfaction and deep community engagement will continue to be our top priorities.”
Anthony Farina, City Carting Holding Co. chief operating officer, says, “Today is an exciting day for us. Tunnel Hill’s interest in merging with us underscores the strengths of our employees and the dedication of our employees to customer satisfaction and community engagement. We are excited to have the support of Tunnel Hill to revitalize our operations by modernizing the fleet, improving productivity and efficiency and expanding our service offerings to become a full vertically-integrated waste management company.”
City Carting’s assets consist of collection and hauling operations for municipal solid waste, construction and demolition debris and recyclables for commercial, industrial, residential and municipal customers; four transfer stations (three in Connecticut and one in New York); one material recovery facility; and management contracts for five municipal transfer stations. In 2015, these operations generated more than $110 million in revenue and handled about 700,000 tons of material.
THP provides services including recycling, beneficial reuse, transfer and disposal to commercial and industrial customers. THP’s primary focus is on the safe transportation and disposal of various materials, with an emphasis on rail transport.
Accent Wire, based in the Houston area, has announced that it is acquiring L&P Wire-Tie Systems (LPWT), Carthage, Missouri, from Leggett & Platt Inc. The combined company will be called Accent Wire Tie.
L&P Wire-Tie is a manufacturer of wire-tying machinery and a baling wire distributor.
“We are delighted to welcome L&P Wire-Tie to the Accent family," says Bill Sims, president and CEO of Accent Wire Tie. "This acquisition couples LPWT’s legacy and establishment in the industry with Accent’s innovation and reputation for service. The recycling and waste industry will enjoy an unrivaled supply chain for baling wire and an enhanced ability to supply and service equipment."
According to a news release issued by Accent, by combining resources, Accent Wire Tie will become the global leader in supplying baling wire, wire-tying machinery and service and other bale packaging solutions to the recycling and waste industry.
Safe Fleet, a Belton, Missouri-based company that provides safety products for fleet vehicles worldwide, has acquired FleetMind Solutions Inc., based in Montreal. FleetMind provides onboard computing (OBC) systems to trucks operating in the recycling and waste industries. FleetMind notes that its OBC systems enable waste and recycling fleets to link drivers and vehicles to business operations in real-time to ensure improved safety, productivity, sustainability and customer service.
“We are excited to welcome FleetMind into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles,” says John Knox, president and CEO of Safe Fleet. “The addition of FleetMind expands Safe Fleet’s growing position in fleet management software and hardware for specialty fleet vehicles. The FleetMind product line is complementary to Safe Fleet’s existing fleet management products and expands Safe Fleet’s presence in the waste and recycling market.”
“For over 15 years, FleetMind has built a strong brand for its leadership in fleet management solutions for the waste and recycling industry,” says Martin Demers, FleetMind’s CEO. “By joining the Safe Fleet family, we gain a strong global partner who shares our vision of safer, greener and more productive fleets, and who brings access to new resources, technologies and markets toward accelerating our product and growth strategies. Most importantly, together with Safe Fleet, we will be better positioned to serve our customers with extended opportunities for our smart truck systems. We are excited to join a team that shares our commitment to innovation, and we look forward to working together to enhance fleet safety and performance for all fleets.”
As part of the 48th annual WasteExpo in Las Vegas June 6-9, the National Waste & Recycling Association (NWRA) honored a number of waste and recycling industry professionals. The association recognized honorees during an awards breakfast the morning of June 7.
Jason Lind, vice president of sales at J.V. Manufacturing Inc. / Cram-A-Lot in Arkansas, was honored with the Distinguished Service Award for his lengthy service to the industry, while Charles Walton, founder of Wastequip, was posthumously honored as an “industry visionary.”
“The waste and recycling industry strives to successfully collect, recycle and innovate with the exemplary dedication and service Jason Lind has exhibited, and his recognition is well-deserved,” Sharon H. Kneiss, president and CEO of NWRA, says.
“Jason has served tirelessly as chairman of the NWRA Standards Committee to ensure that all voices and ideas are heard, that vital consensus is reached and that our standards meet the needs of our businesses,” she adds. “He also provided instrumental leadership as we transitioned to a new and enhanced platform for our Manufacturing Sales Data Program.”
“It’s a tremendous honor to be recognized for my service to the National Waste and Recycling Association,” Lind says. “I’m very proud to be part of an industry that performs such important work for the communities where we all live and work.”
He adds, “I’m especially proud of the continued focus on safety by my manufacturing partners in the waste and recycling industry. There are many examples in our industry where manufacturers have utilized new technology in creative ways to deliver safer products, benefitting our friends in the industry who use these products, as well as the general public.”
Lind concludes, “With such committed members, I think our industry will continue to set new standards for safety in our society and I’m excited to be a part of that.”
Kneiss says Walton, who passed away at age 83 last year, “was a true trailblazer and entrepreneur in our industry.”
She adds, “Charles had a tremendous amount of respect for his employees, regardless of their position in the company. He earned the trust and respect of his employees and others in the industry through honest and fair treatment of all individuals. His transparent style in conducting business with acquisition targets helped him build a reputation for keeping the promises he made.”
Walton consolidated the fragmented waste equipment manufacturing sector of the waste industry. As waste haulers began consolidating into large national firms, he realized a national manufacturer would have the best opportunity to serve these companies by providing standardized equipment, manufacturing economies of scale, improved engineering, inventory availability, faster delivery and better service, the NWRA says. To realize his vision, Walton knew he would need to create a company with manufacturing facilities coast to coast. He invested his life savings, combining it with $10 million he raised from venture capital firms in Cleveland, to found Wastequip in 1989, the organization explains.
Throughout his waste industry career, Walton’s focus was on acquiring the best companies within their region and product category, brands like Toter, Galbreath, Pioneer, Mountain Tarp, Cusco and Accurate, NWRA says.
During his 20 years with Wastequip, Walton completed 24 acquisitions and started four businesses. At one point, Walton grew the company to 41 locations and more than 2,500 employees, the association says.
Bedford, who was recognized as a Driver of the Year, has worked for Republic Services for 30 years with outstanding safety record on the road, according to NWRA. Each week he drives an average of 1,035 miles on his route, with an average 41 pickups.
“David’s safety record, commitment to his company and his dedication to customer service are a source of pride for the entire waste and recycling industry,” Kneiss says.
The other Driver of the Year recipient, Patterson, who has worked for Rumpke Waste & Recycling for 30 years, also has an outstanding safety record on the road, according to NWRA. Each week he drives an average of 600 miles on his route, with an average 700 pickups.
“Rickie’s safety record, commitment to his company and his dedication to customer service are a source of pride for the entire waste and recycling industry,” Kneiss says.
In addition to these awards, NWRA honored these professionals:
- Members of the Year
- Terry Guerin, Southside Landfill
- Jeanie Dubinski, Big Truck Rental
Chapter Leadership Awards
- Will Flower, Winter Brothers Waste Systems
- Ron Bergamini, Action Environmental Group
- Robert Lee, Ecotech Waste Logistics
Distinguished Service Awards
- Rick Prather, Advanced Disposal
- Jason Lind, CRAM-A-LOT
Driver of the Year Awards
- Ronald Work, Waste Management
- David Brian Bedford, Republic Services
- Efren “Fernando” Lopez, Republic Services
- Scott Bruso, PDC/Area Disposal
- Daniel Clark, city of Tacoma Washington
- Mark Frazure, municipality of Anchorage Solid Waste Services
- Rickie Patterson, Rumpke Waste & Recycling
- Angel Veloz, WastePro USA
- Chuck Lawyer, Casella Waste Systems
- Gary Reay, Wasatch Front Waste & Recycling District
Hall of Fame Awards
- Bill Meyer, Republic Services
- Charles Walton, Wastequip
- Michael Paine, Paine’s Inc.
- Kevin Walbridge